Italy’s government could soon collapse over a dispute about EU funds

Italy is on the verge of another political crisis as members of the coalition government question the prime minister’s plan for the country’s economic recovery. The country is one of the main beneficiaries of the 750 billion euros invested by the EU to tap financial markets, expecting about 208 billion euros in grants and low-interest loans. However, according to Alberto Alemanno, European law Professor at HEC Paris, the Gordian knot is how to spend EU funds and whether to ascribe them to new or pre-existing projects, he says in an interview with CNBC.