Brussels approves 10,000 million of European funds for Spain

Spain already has the approval of the European Commission to payment of 10,000 million euros of the first section of the recovery funds of the program Next Generation EU requested on November 11. Brussels considers that Government of Pedro Sánchez has met the 52 milestones and objectives agreed so that it will become the first EU country to receive the disbursement that will be added to the advance of 9,000 million received at the end of August. The Economic and Financial Committee – which brings together the representatives of the 27 member states – now has one month to make the final decision.

“We have reached a new milestone in the implementation of our Next Generation EU recovery plan. In our opinion, there is already a first Member State -which is Spain- that is ready to receive a payment from Next Generation & rdquor; and “that is because Spain has made great progress in the implementation of the recovery plan & rdquor ;, the president of the European Commission celebrated, Ursula von der Leyen. “I congratulate Spain for having successfully achieved the first 52 milestones set in the recovery plan. This includes important reforms to strengthen the resilience of the Spanish economy and equip it for the future & rdquor ;, has joined the vice president of the Community Executive, Valdis Dombrovskis.

Although several months behind the estimates initially planned, Spain submitted the application on November 11 after verifying compliance with a series of reforms in terms of sustainable mobility, energy efficiency, decarbonisation, connectivity, public administration, qualifications, education. , social policy, research and development, labor and tax policy or audits. Although Brussels had two months to carry out the evaluation, the community technicians have completed their analysis in just three weeks thanks to “close cooperation & rdquor; with the Spanish authorities, which, according to the vice president, has allowed the examination to be concluded “in record time & rdquor ;.

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“The positive evaluation is a recognition to Spain for having adopted a very wide range of reforms & rdquor ;, for his part, the Commissioner for Economic Affairs has highlighted, Paolo Gentiloni, on “reforms to improve education and training, support the most vulnerable households, promote digital skills and the competitiveness of SMEs and chart the course towards 100% electricity generated from renewable sources & rdquor ;, he added on a decision that you consider sends a “sign of confidence”.

or transformative developed by the Government in the field of education, the ecological transition, digitization or the improvement of the business climate, to name a few. This same week, two important bills have been approved, to promote business creation and growth and promote the role of Spain as hub audiovisual, in addition to the draft of the Employment Law.

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