In absolute figures, Italy's national recovery and resilience plan (NRRP) is the largest national plan under the Next Generation EU (NGEU) instrument. It is endowed with EU resources worth €71.8 billion in grants and €122.6 billion in loans, jointly representing 26.1 % of the Recovery and Resilience Facility (RRF), or 10.8 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU 27 GDP in 2019). Launched in 2021, the plan underwent seven revisions, of which the second in December 2023 added an energy-focused REPowerEU chapter and the latest was adopted in March 2026. The €194.4 billion allocation finances a vast programme of reforms and investment that aims to promote economic recovery, while addressing several structural weaknesses and pursuing major objectives such as the green and digital transitions. Italy has so far received 85.4 % of the resources (€166 billion in pre-financing and nine payments for both grants and loans); this is above the EU average (73.8 %). The payments were linked to the achievement of 72 % of all the milestones and targets in the plan (the EU average is 58 %). Aimed at streamlining and simplifying the plan, the latest two revisions of November 2025 and March 2026 have introduced many changes to measures included in the ninth and the tenth instalments, such as removing 10 measures that cannot be completed by the August 2026 deadline, introducing 10 new measures, scaling up seven existing measures, increasing the use of financial instruments (through which almost €24 billion will now be channelled), and modifying the distribution of milestones and targets. As a result of the changes, the NRRP contribution to the green transition has decreased to 37.1 %, while the expenditure linked to the digital target has been strengthened, reaching 26.5 % of the plan excluding the REPowerEU chapter. On 4 June 2026, Italy announced the request for a further technical revision concerning 90 measures and shifting resources worth €2.1 billion. By 28 February 2026, Italy had spent 58.4 % of the EU resources of its NRRP (€113.5 billion). A major advocate of creating a common EU recovery instrument, the European Parliament participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Ninth edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans. Source : © European Union, 2026 - EP Read more