Article By Giulia Casula
The sum Italy will receive from the EU amounts to €86.6 billion, according to the multiannual budget proposal presented by the European Commission for the period 2028-2034. Italy is the fourth largest beneficiary of European resources, after Poland (€123.3 billion), France (€90.1 billion), and Spain (€88.1 billion). This is stated in the document dedicated to “National and Regional Plans”.
What are the European National and Regional Partnership Plans?
As the Commission specifies, the National and Regional Partnership Plans bring together funds allocated to Member States and regions that will serve to “promote convergence and reduce regional disparities.” The plans, whose estimates are based on current prices, “will identify investments and reforms to best address future challenges for Member States and our regions,” it states.
According to the Commission’s proposal, the new single fund – which includes, among others, the CAP and Cohesion – will have €865 billion over seven years, divided into three different headings: general allocation, migration, security and home affairs, and the Social Climate Fund, the social cushion for the costs of the transition proposed as part of the review of the European carbon market due in 2026. This fund will mobilize approximately €86.7 billion for social climate action until 2032 (which in turn includes various initiatives, from the renovation of social housing to direct income support).