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Italy: Criminal clans seek to tap into EU funds | Europe| News and current affairs from around the continent | DW - Vimarsana News

Italy: Criminal clans seek to tap into EU funds | Europe| News and current affairs from around the continent | DW

Italy: Criminal clans seek to tap into EU funds Through the recovery fund, the EU will offer member states €1.8 trillion ($2.2 trillion) in grants for COVID-19 spending. €13.5 billion will go to Italy for 2021-2022. But will that money end up where it's needed? Italian criminal clans are seeking to exploit EU funding loopholes There are indications that criminal organizations are preparing to intercept a large sum of the funds slated for Italy and there's widespread public concern that the much-needed financial support is a chimera more than anything else. "There is despair, because the ...

Source: dw.com