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Italy to discuss on Monday plans to use resources from EU's Recovery Fund

05 Dec 2020 / 02:20 H.

    ROME, Dec 4 (Reuters) - Italy's cabinet will meet on Dec. 7 to discuss the country's national recovery plan, a statement from the Prime Minister's office said on Friday.

    Rome is expected to receive more than 200 billion euros ($242.88 billion) from the European Recovery Fund designed to help EU nations hardest hit by the coronavirus.

    ($1 = 0.8235 euros) (Reporting by Giuseppe Fonte Editing by Chris Reese)

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