The Commission last week disbursed the fourth payment of EUR 9.9 billion (net of pre-financing) in grants to Spain under the Recovery and Resilience Mechanism (RRM). As with the other Member States, payments made to Spain under the RRM are performance-based and depend on Spain’s implementation of the investments and reforms outlined in its recovery […]
Taking stock of the Spanish Recovery, Transformation and Resilience Plan
The European Commission Representation in Spain organised the second annual conference on the Spanish Recovery, Transformation and Resilience Plan. The event took stock of the Plan, analysing the opportunities it offers to achieve a greener, more digital and resilient Spain, as well as the challenges for its implementation. The event was opened by the acting […]
European Commission approves third €6 billion payment to Spain under the Recovery and Resilience Mechanism
The European Commission has approved a positive preliminary assessment of Spain’s request to pay a grant of EUR 6 billion. 6 billion (net pre-financing) under the NextGenerationEU main instrument: Recovery and Resilience Mechanism (RRM). Spain submitted a payment request to the European Commission on 11 November 2022 based on the achievement of the twenty-four milestones […]