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Reuters reveals Italy to spend 60% more of EU funds on better broadband

April 17, 2021
in Technology News
Reading Time: 2 mins read
Italy EU - TodayHeadline


13 April 2021, 6:20 pm. 1 minute

Reuters revealed that Italy aims to spend almost 7 billion euros ($8.33 billion) in European recovery funds on ultra-fast networks, up 60% from a previous goal, as ministers lay out alternatives to a long-delayed single national broadband plan. The government of Mario Draghi, which took office in February, is revising a national Recovery and Resilience Plan (RRP) that would entitle it to some 206 billion euros by 2026 from an EU program to help nations hardest hit by the novel coronavirus.

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Topics of Interest: Technology

Type: Reuters Best

Sectors: Technology

Regions: Europe

Countries: Italy

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

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