Yet another article about the desires of Veneto region to see the A27 extended into Austria: Autostrada A27 fino in Austria: «Si può fare anche con i soldi del Pnrr»
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The article title means "it can be done even with national recovery plan money". However, they refer only to the project, not the actual work, cause as I said before, all the money must be spent by 2026.Yet another article about the desires of Veneto region to see the A27 extended into Austria: Autostrada A27 fino in Austria: «Si può fare anche con i soldi del Pnrr»
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I'm wondering (in general, not specifically Italy or this case), if this fund would lead to wasteful or less than optimal spending. Infrastructure projects provide long-term economic benefits, but it also takes a lot of time from start to finish, in many cases it takes over a decade of planning and construction. This makes it pretty much impossible to spend this recovery fund to provide long-term infrastructure benefits, instead being used for perhaps less beneficial short-term purposes.all the money must be spent by 2026.
It will never ever be extended "into" Austria, and I think it won't go beyond Auronzo di Cadore if anything.Yet another article about the desires of Veneto region to see the A27 extended into Austria: Autostrada A27 fino in Austria: «Si può fare anche con i soldi del Pnrr»
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Don't wonder. This is Italy. Of course the money will be wasted.I'm wondering (in general, not specifically Italy or this case), if this fund would lead to wasteful or less than optimal spending. Infrastructure projects provide long-term economic benefits, but it also takes a lot of time from start to finish, in many cases it takes over a decade of planning and construction. This makes it pretty much impossible to spend this recovery fund to provide long-term infrastructure benefits, instead being used for perhaps less beneficial short-term purposes.
Given the fast post-pandemic recovery, it makes you wonder if the EU recovery fund was even really needed at all, or may even contribute to overheating or inflation.
That would not be allowed by the rules of the plan, I mean the rules defined by the EU.When I heard first about the national recovery plan, I thought it would be given to the people who lost their income during the pandemic
Is there an Italian national plan in addition to the EU plan?When I heard first about the national recovery plan
Yep, but the projects must be ready to start construction NOW so that they might be completed by 2026.finance infrastructural projects that have nothing to do with COVID and that, in the best scenario, will be built only to receive no maintenance in the future because of lack of resources.
I see. That doesn't make it, at least in my eyes, more right.That would not be allowed by the rules of the plan, I mean the rules defined by the EU.
According to the limited knowledge I have about this, the word "national" was put there to underline the fact that EU gives the money, under strict rules as @Attus says, but the plan on how to spend it was drafted by the Italian government.Is there an Italian national plan in addition to the EU plan?
You really thought that EU would have made debt in order to give it to the citizens for free?When I heard first about the national recovery plan, I thought it would be given to the people who lost their income during the pandemic
The problem is: we got a huge amount of money to spend (and to repay) which Italy isn’t able to spend. Furthermore, our government reserved it in larger proportion for projects in the south, but those administrations don’t have projects in their drawers (only projects at an advanced stade, definitive projects, were admitted to run for the money), and many of those which were presented, were rejected because badly executed.I'm wondering (in general, not specifically Italy or this case), if this fund would lead to wasteful or less than optimal spending.
The vast majority of recovery plan money are loans.You really thought that EU would have made debt in order to give it to the citizens for free?
And the point is?The vast majority of recovery plan money are loans.
The point was criticizing you when you said "for free".And the point is?
Well, because arguing to give to “the people” the money of the “recovery plan” makes sense only if it is “for free”. Look, it is not a problem of liquidity, so everyone can take a loan at common interest rates at any bank, no need for the money of the “recovery plan”.The point was criticizing you when you said "for free".
One thing is money given by the state to the people, which can as well be "for free": it will be repaid by taxes, with time.Well, because arguing to give to “the people” the money of the “recovery plan” makes sense only if it is “for free”. Look, it is not a problem of liquidity, so everyone can take a loan at common interest rates at any bank, no need for the money of the “recovery plan”.
So why arguing it in the first place?
I think in terms on connection the A27 would be more useful. A31 is just a Verona bypass.About Trentino - Alto Adige motorways - I would rather like to see A31 between Thiene and Trento built than A27 coming to A border.