What are the main causes of uncertainty still weighing on the economic recovery? What role could Next Generation EU play? Will it really be a game changer for Italy's growth? This brief looks at the impact of European funds on real GDP, employment and public debt in two different scenarios for the pandemic. In addition, it considers scenarios where the absorption of funds is not full, but more in line with Italy's historical spending capacity for European funds.
Read the Key message from the report and download the document for further information.