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, […]
NextGenerationEU: Spain asks the Commission to pay 6 billion euros in subsidies in the MRRF
This is Spain’s third payment request and refers to 24 milestones and five targets covering various reforms and investments in the areas of green and digital transitions, pensions, research, development and innovation, education and vocational training. In addition, this funding will benefit healthcare, support for vulnerable groups, insolvency procedures, the quality of public spending and the […]
Commission endorses Spain’s second payment request
The European Commission has today endorsed a positive preliminary assessment of Spain’s second payment request for €12 billion in grants under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU. On 30 April 2022, Spain submitted to the Commission a payment request based on the achievement of the 40 milestones and […]
REACT-EU: Commission approves a further EUR 923 million for Spain’s recovery
The Commission has granted €923 million for Spain’s digital and green recovery and transition under REACT-EU, to be implemented through the European Regional Development Fund (ERDF) and European Social Fund (ESF) operational programs. Elisa Ferreira, Commissioner for Cohesion and Reforms, said: “Cohesion policy has been at the forefront of the fight against the economic, social […]