The European Commission has approved the national recovery plans and budget presented by member countries as part of the new Stability Pact. The green light has arrived for most of the plans, with Italy among the countries that received approval for its seven-year plan. Not all nations, however, were welcomed without reservations: Holland And Hungary they are among the countries that have not received the full approval, with Brussels raising some critical issues. The Italian plan, together with that of five other countries, has received the green light for a seven-year path, in line with the sustainability and inclusive growth priorities set by the European Union.
EU Commission approves national plans
In the context of the new Stability Pact, the European Commission examined and approved the national recovery plans presented by 22 member countries. Of the 22 floors, 20 received final approvalwhile two are still under review. Among the countries that have received the green light there is alsoItalywith a plan that includes seven years of commitments to consolidate public finances and promote sustainable growth.
This plan reflects the common priorities of the European Union, such as strengthening economic and social resilience, the green and digital transition and promoting security.
The Commission underlined that the approved national plans contribute to fiscal sustainability and will support inclusive growth, with targeted interventions on health, education and industrial policies. Furthermore, the approval of the Italian plan is in line with Brussels’ expectations, as the Italian budget 2025 complies with European recommendations and responds to numerous economic challenges.
The opinion on 22 plans: which ones were approved
The European Commission led by Ursula von der Leyen has given the green light to ben 20 of the 22 national plans introduce yourself. These include countries such as:
- Croatia
- the Czech Republic
- Denmark
- Finland
- France
- Greece
- Italy.
Among these, five plans, including the Italian one, were approved with a duration of seven yearsrather than the traditional period of four. This will allow countries to implement broader reforms and pursue long-term fiscal and economic goals.
The Commission has indeed praised the plans for their commitment to promoting the economic resiliencethe green and digital transition, and social inclusion, which are also the key objectives of European economic policy.
Plans not approved and under review
Not all countries, however, managed to obtain the complete green light. The Dutch planunfortunately, was rejected by the Commission due to the need for revision, while theHungary is still being analyzed. The European Commission has raised specific concerns about management of public spendingindicating the need for greater alignment with European recommendations. The Netherlands, for example, will have to review some fiscal and financial measures, while for Hungary the Commission has requested further details and adjustments before being able to definitively approve the plan.
Other countries have not fully complied with the rules for reducing energy support measures, as recommended by the Council. Among these, Luxembourg, Malta and Portugal have not guaranteed a progressive elimination of energy subsidies, which still significantly remain in force, despite pressure from the European Union.
