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Mmastodon WorldEU Politics first seen 1 d ago, last 1 d ago, peak #12

Italy's south lost 116 billion euros, new revival plan proposed

Original: Il Sole 24 ORE - Italia: Al Sud un esodo da 116 miliardi: rilancio in sei mosse dopo il Pnrr Nel Paese più duale d’Europ

Il Sole 24 ORE reports that Italy's Mezzogiorno has suffered a capital exodus of around 116 billion euros, calling Italy the most economically divided country in Europe. The newspaper argues that while the PNRR made cohesion a transversal goal and scored some successes, a six-point plan is needed to relaunch the South after the recovery fund era. Debate centers on how to close the North-South gap.

Why now: Ongoing debate in Italy over the North-South divide and what economic strategy should follow the PNRR recovery funds.

ItalyIl Sole 24 OREPNRRSouthern Italy

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