Europe | Financial indigestion

Italy needs to spend more, faster

It is struggling to use nearly €200bn of EU cash

Italy, Rome - April 11, 2023Premier Giorgia Meloni and her Cabinet declare state of emergency over migrantsPhoto dated April 5, 2023
Meloni is struggling with a surfeitImage: ROPI
|FLORENCE

Paolo Gentiloni, the EU commissioner overseeing its €750bn ($820bn) post-pandemic recovery fund, said last month that if it failed because of his fellow Italians, “that would really be a disaster”.

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This article appeared in the Europe section of the print edition under the headline “Financial indigestion”

From the April 22nd 2023 edition

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