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Reuters
Reuters
Business

EU willing to consider changes to Italy reform plan, but Rome must be quick

European Union Italy Rome Commission the EU Commission Paolo Gentiloni Pandemic
European Commissioner for Economy Paolo Gentiloni speaks during a meeting between EU Finance Ministers and heads of central banks, in Stockholm, Sweden April 28, 2023. Caisa Rasmussen/TT News Agency/via REUTERS/File Photo

The EU Commission said on Wednesday it was prepared to consider changes to a plan of reforms agreed with Italy, but any new proposals must be made as soon as possible for Rome to secure promised pandemic recovery funds.

Rome is struggling to meet a package of policy pledges, including reforms to the judicial system and cuts to red tape, which it made to the Commission in return for 200 billion euros ($220 billion) from the EU's post-COVID Recovery Fund.

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