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Reuters
Reuters
Business
By Giuseppe Fonte and Angelo Amante

Italy's Meloni sees no risk of losing EU recovery funds

Giorgia Meloni Italy European Union Raffaele Fitto Euro
FILE PHOTO: Italian Prime Minister Giorgia Meloni arrives at the European Union leaders summit in Brussels, Belgium March 23, 2023. REUTERS/Johanna Geron

Italy is determined not to lose any of the money it is entitled to from the European Union post-pandemic recovery funds, Prime Minister Giorgia Meloni said on Monday.

Italy is due to receive roughly 200 billion euros ($217 billion) in grants and cheap loans through 2026, making it the EU scheme's largest beneficiary in absolute terms.

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