Italy has been allocated a total of 191.5 billion euros in
grants and loans from the fund. The remaining money will be paid
out as the investments and reforms proposed by Rome are
implemented.
"It is a once-in-a-lifetime chance for Italy to relaunch the
economy and build a sustainable future for the next
generations," European Economy Commissioner Paolo Gentiloni said
in a statement. ($1 = 0.8512 euros)
(Reporting by Foo Yun Chee; Editing by Kevin Liffey)
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