CEPR：2024年意大利的RRF计划奏效了吗？还是又一次浪费资金报告（英文版）

Reforms are a critical condition for EU countries to gain access to the Recovery and Resilience Facility (RRF) funds. Investments, the other component, beyond reforms, of the RRF, can generally raise output growth but cannot alone cure Europe’s growth malaise: this requires reforms, something especially true in the case of Italy, the largest recipient of RRF funds. Were Italy to fail in implementation of these reforms, the argument for repeating the use of EU common debt – for areas such as E