Spain Receives over €23 Billion From EU
15 Articles
15 Articles
Spain receives over €23 billion from EU
Spain has received more than €23 billion from the European Commission as part of the fifth payment under the Recovery, Transformation and Resilience Plan. This is the largest single payment made by the Commission to any member state under the Recovery and Resilience Facility (RRF) to date, marking a key milestone in Spain’s economic recovery. The payment follows Spain’s submission of its fifth… Source
The European Commission has closed the week with a disbursement of 43 billion to five Member States from the Recovery Fund. The largest payment comes to Spain: 23.1 billion euros. This amount is not only the highest received so far by Spain since it started the program launched by the European Union to cushion the economic impact of the covid-19. It is also the highest of all that have been processed in the four years that the most ambitious fin…
The European Commission has transferred to Spain this Friday the 23.1 billion euros corresponding to the fifth payment of the recovery fund, after deducting about 1.1 billion euros for failing to meet three commitments of the plan agreed with Brussels: the increase of the tax on diesel, the reduction of the public temporality and the digitization of the regional and local entities. Specifically, the payment includes 7 billion euros in loans and …
The European Commission has confirmed this Friday the disbursement of the fifth tranche of the recovery and resilience plan for Spain, which has partners 23,100 million -8 billion in grants and 16,000 in loans - a payment that Brussels discounted 1 billion for the government's failure to comply with temporality, the tax increase in diesel and investments in the digitization of regional and local entities. According to a statement from the Europe…
The president of the government, Pedro Sánchez, celebrates the payment of 23.1 billion of the recovery and resilience plan for Spain.


The European Commission announced this Friday the disbursement of 23.1 billion euros for Spain of the recovery fund. It is the fifth payment of this plan, although not the amount initially expected. Brussels has reduced by 1,127 million the 25 billion requested by failing to meet the Spanish government with key milestones such as the diesel tax.
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