Production and administrative system in Italy, National Recovery and Resilience Plan, State of implementation
High complexity of the PNRR
Projects in execution and projects under contract
Assonime presents the half-yearly summary of the implementation status of the PNRR, with an analysis carried out in light of the publication, in April 2025, of the latest data update on the Italia Domani website.
Although the PNRR resources transferred to Italy have now reached €140 billion (72% of the total), the spending is progressing with difficulty: only 34% of the resources have been used, with strong differences between the missions.
This situation requires significant effort from all involved.
It is plausible that the measures adopted by the Government last December to speed up the transfer of resources to the implementing bodies have favored an acceleration of spending, but these results are not yet fully detectable in the available data.
As for the progress of projects, those in the execution phase are increasing and projects being awarded are decreasing, with strong differences between missions.
Mission 2 – ecological transition – is particularly critical, where 85% of the projects are still in planning.
The delays are not only due to implementation difficulties, but also reflect the high complexity of the PNRR.
An important aspect is the Government’s intention to proceed, after the summer, with a new revision of the Plan, a few months after the approval by the EU Council of the last modification (June 2025), the fifth since the launch of the PNRR.
While on the one hand, the latest revisions have been predominantly of a technical nature, the constant revisions create a climate of instability and uncertainty that compromise the implementation of the Plan.
In this regard, the European Commission has defined the steps for the closure of the national plans and the possibilities still viable to rationalize and review them in view of the approaching deadline of 2026 and deal with the delays that are accumulating.
The path of implementation and completion of the investments and reforms that can be considered already achieved was in some cases complex and, in several circumstances, required changes to the measures underway.
Completing the reforms and investments of the PNRR is essential not only for the disbursement of the last installments, but above all to support the country’s growth, in a geopolitical context marked by growing uncertainties.
The Plan constitutes, in fact, a crucial lever to support the competitiveness and modernization of the production and administrative system. However, less than a year after completion, the margins for recovering delays and inefficiencies are increasingly limited.
07/14/2025
Source Assonime
Association of Italian joint-stock companies
