Draghi unveils Italy recovery plan targeting women, youth, south

PM Mario Draghi says his government’s 220bn-euro EU-funded plan holds the key to Italy’s destiny.

Italian Prime Minister Mario Draghi on Monday presented his government’s 220bn-euro ($266bn) European Union-funded recovery plan to parliament, saying it would decide the fate and credibility of the country. Most of the cash will be spent on schemes to improve Italy’s fragile infrastructure, boost environmentally sustainable development and encourage digital innovation. “In the set of programmes that I present to you today there is above all, the country’s destiny, the extent of its role in the international community, its credibility and reputation as a founder of the EU and leading player in the Western world,” Draghi told the lower house of parliament.