On 2 July, the European Commission gave partial approval to Spain’s sixth payment request, worth EUR 5,700 million, under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. At the same time, it has approved a payment for two milestones that had previously been suspended under the fifth payment request. This is an important step […]
Managing crises and delivering results with the EU budget in 2025
The College of Commissioners approved the 2025 Annual Management and Performance Report (AMPR). The AMPR highlights the vital role played by the EU budget in tackling the multiple crises of that year and demonstrates that it continued to benefit European citizens. The EU budget boosted the Union’s competitiveness, reduced strategic dependencies and improved security and […]
Spain receives €23.1 billion under NextGenerationEU
The European Commission has disbursed a total of €42.8 billion to five Member States (Italy, Portugal, Cyprus, Malta and Spain) under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. The disbursements are part of the Commission’s efforts to support economic growth and resilience in EU Member States, and are based on successful steps […]
Commission proposes €23 billion payment to Spain under NextGenerationEU
Last July 7, the Commission positively assessed Spain’s fifth payment request for 23 billion under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. This assessment is a significant step towards the disbursement of EU funds to support Spain’s economic growth and resilience efforts. The Commission found that Spain delivered reforms and investments that will benefit citizens and businesses, focusing […]
A team from the Representation of the European Commission in Spain visits the facilities of ENAIRE’s Control Center in Madrid
On 25 March, a group from the European Commission and the Ministry of Science, Innovation and Universities visited the facilities of the ENAIRE Control Centre in Madrid to see first-hand projects demonstrating how NextGenerationEU funds support the development of the Single European Sky, through the Spanish Strategic Aerospace Project (PERTE Aerospace) of the Recovery, Transformation […]
Assist Member States in their reform programs
On January 15, 2025, the closing event of the multinational project “Building Capacities for Effective Communication of the Benefits of Recovery and Resilience Plans” took place. The project was funded by the European Commission under the technical assistance instrument. During the project, eight member states — Belgium, Bulgaria, Cyprus, Latvia, the Netherlands, Portugal, Romania, and […]
European Commission issues €10 billion in its 8th syndicated transaction of 2024
The European Commission has today raised €10 billion of EU-Bonds in its 8th syndicated transaction for 2024, €5 billion of which in the form of NextGenerationEU (NGEU) Green Bonds. The dual-tranche transaction concerned a new €5 billion bond due on 4 December 2031, and a €5 billion tap of the NGEU Green Bond maturing on 4 […]
European Commission approves preliminary assessment of Spain’s fourth payment request under the Recovery and Resilience Mechanism
The Commission has endorsed a positive preliminary assessment of 60 out of the 61 milestones and targets linked to Spain’s fourth payment request for €10 billion (net of pre-financing) under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. Positive preliminary assessment of all but one target The payment request covers important steps in the delivery of 34 reforms and 26 […]
EU to invest €13.5 billion in research and innovation for 2023-2024
The Commission has adopted today the main Horizon Europe work programme 2023-24, with around €13.5 billion to support researchers and innovators in Europe to pursue breakthrough solutions for environmental, energy, digital and geopolitical challenges. As part of the broader EU €95.5 billion research and innovation programme, Horizon Europe, this funding will contribute to the EU reaching its climate goals, increasing energy resilience, […]