*** EU recovery fund gives chance to 'change the face' of Italy- Conte | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

EU recovery fund gives chance to 'change the face' of Italy- Conte

Rome

Prime Minister Giuseppe Conte said on Tuesday the EU stimulus plan would allow his government to transform Italy and help the bloc as a whole face the COVID-19 crisis with “strength and effectiveness”. Conte said that 28%, or 209 billion euros, of the 750 billion euros agreed at the European summit would be for Italy, of which 81 billion euros will be in grants and 127 billion euros will be in loans. The deal gives Italy “the opportunity to restart with strength” and the government the responsibility “to change the face of the country,” Conte said.