US EditionThe 27 Endorse the Latest Addition to Spain’s Recovery Plan
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The government welcomed the approval by EU finance ministers of the addendum to the Recovery Plan, a ‘decisive’ step towards the launch of the new Spanish sovereign fund ‘Spain Grows’. ‘This will allow Spain to maximise the use of European funds, simplify their implementation and strengthen their implementation [...] The entry Spain welcomes the approval of the addendum to the Recovery Plan, a ‘decisive’ step for the sovereign fund appears first…
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elperiodicodelaenergia.comOn Monday, the Economic and Financial Affairs Council (Ecofin) gave its final approval to the latest addition to Spain's Recovery, Transformation and Resilience Plan, which will facilitate the collection of the remaining European funds from the 'Next Generation' programme and which, among other things, reduces to some EUR 22.8 billion the loans that the country will finally apply for, well below the appropriations initially allocated.
The Ecofin gives the definitive approval to the Spanish addendum, forgiving the government the approval of 17 committed laws and opening the door to the request for a new disbursement of 7.3 billion this month. Read
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