Italy Vows to Use EU Money to Finally Alter Its Economic Destiny

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  • Bloomberg Markets and Finance published this video item, entitled “Italy Vows to Use EU Money to Finally Alter Its Economic Destiny” – below is their description.

    Oct.02 — “I am convinced that Recovery Fund money will allow Italy to finally make the leap,” Economic Development Minister Stefano Patuanelli said in an interview in Rome Thursday. Italy will be the biggest beneficiary of the aid, and could receive up to 209 billion euros ($246 billion) in grants and loans. Patuanelli spoke in an exclusive interview in Rome with Bloomberg’s Francine Lacqua.

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    In This Story: Italy

    Italy is a republic in central Europe which forms a peninsula in the Mediterranean Sea as well as bordering France, Switzerland, Austria and Slovenia. The islands of Sardinia and Sicily form part of the main territory of Italy. Italy is part of the Eurozone, having entered the common currency on 1st January 1999.

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