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Italy Vows to Use EU Money to Finally Alter Its Economic Destiny

Oct.02 -- “I am convinced that Recovery Fund money will allow Italy to finally make the leap,” Economic Development Minister Stefano Patuanelli said in an interview in Rome Thursday. Italy will be the biggest beneficiary of the aid, and could receive up to 209 billion euros ($246 billion) in grants and loans. Patuanelli spoke in an exclusive interview in Rome with Bloomberg's Francine Lacqua.