According to the advance published by the INE, the Gross Domestic Product (GDP) generated by the Spanish economy, measured in chained volume terms with reference to 2015, registered a quarter-on-quarter variation of 2.0% in the third quarter of 2021. This rate is nine tenths of a percentage point higher than that estimated for the second […]
Spain to receive €272 million to tackle the negative effects of Brexit
The Council gave its final approval to a fund designed to help member states tackle the negative impact of Brexit. The fund of five billion euros (in 2018 prices) will support the hardest hit regions, sectors and communities to cover extra costs, compensate losses or counter other adverse economic and social effects resulting directly from […]
September infringement package: main decisions for Spain – Agriculture and Fisheries
In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses. The main decisions adopted […]
EU cohesion policy: 77 million euros for green transport in Andalusia
The Commission today approved two investments worth nearly EUR 100 million in Spain and Cyprus. In Spain, the European Regional Development Fund will allocate 77 million euros for the construction of a streetcar line between Alcalá de Guadaíra and Seville. Cohesion and Reforms Commissioner Elisa Ferreira said: “These projects bring direct benefits to both citizens […]
€700 million for businesses affected by the COVID-19 crisis in Spain
The European Investment Bank (EIB) has signed a new agreement with Banco Sabadell under the Pan-European Guarantee Fund (EGF), which is part of the €540 billion package of measures with which the European Union is responding to the economic impact of COVID-19. The EIB will provide Banco Sabadell with a guarantee of up to €300 million to finance […]
July infringements package: key decisions
Migration, Home Affairs and Security Union Letters of formal notice Fight against terrorism: Commission urges CYPRUS, CZECHIA, GREECE, SPAIN and LITHUANIA to ensure correct transposition of EU rules on combating terrorism The Commission decided today to open infringement procedures by sending letters of formal notice to Cyprus, Czechia, Greece, Spain and Lithuania for failing to correctly transpose certain elements […]
CJEU ruling against Spain for failing to comply with several of its obligations to protect Doñana
Spain should have taken into account illegal water abstractions and those destined for urban supply in the estimation of groundwater abstractions in the Doñana region The Doñana Natural Area in Andalusia includes, among others, the Doñana National Park and the Doñana Natural Park. In 2006, three outstanding conservation areas of European importance under the Habitats […]
European Commission endorses Spain’s recovery and resilience plan
The European Commission has adopted a positive assessment of Spain’s recovery and resilience plan. This is an important step towards the EU disbursing €69.5 billion in grants under the Recovery and Resilience Facility (RRF) over the period 2021-2026. This financing will support the implementation of the crucial investment and reform measures outlined in Spain’s recovery […]
Late payment in public procurement in Spain and Italy
Commission calls on ITALY and SPAIN to ensure that businesses are paid on time The Commission has decided to send a Letter of Formal Notice to Italy and a Reasoned Opinion to Spain for non-conformity of national legislation with the Late Payment Directive (Directive 2011/7/EU). Late payments have negative effect on businesses, as they reduce their liquidity, prevent […]