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The EU Council approved the amendments to the NRRP made by the Italian government in relation to the fourth installment targets. "Italy's amended plan", as explained by the Council yesterday, "concerns ten measures, including incentives for energy efficiency under the so-called 'Superbonus,' increased childcare facilities, development of the space and film industries, and sustainable transportation, among others." On July 11, Italy requested that its NRRP be amended because the plan is no longer partially practicable owing to objective conditions. The decision is based on the European Commission's assessment that Italy's proposed amendments are appropriate and do not jeopardize the relevance, effectiveness, efficiency, and coherence of its Recovery and Resilience Plan. The total expected cost of the updated NRRP stays constant at €191.5 billion, with grants totaling €68.8 billion and loans totaling €122.6 billion.
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