European Commission endorses Spain's second payment under the Recovery and Resilience Facility

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 targets laid out in the Council Implementing Decision for the second instalment. They cover investments and reforms in the areas of green and just transition, the labour market, pensions, regulated professions, digital connectivity and R&D. Other areas covered are healthcare, education, support to vulnerable groups, entrepreneurship and micro-enterprises, prevention of tax fraud and green taxation, as well as effective and sustainable public spending.

With their request, the Spanish authorities provided detailed and comprehensive evidence demonstrating the fulfilment of all the 40 milestones and targets. As required by the RRF Regulation, Spain has also confirmed that measures related to previously satisfactorily fulfilled milestones and targets have not been reversed. The Commission has thoroughly assessed this information before presenting its positive preliminary assessment of the payment request.


RAPID, IP/22/4088, 27.6.2022
Tagged as:

You may also be interested

EIB and the region of Valencia sign €50 million loan agreement to modernise public rail transport

Metrovalencia and Alicante tram operator Ferrocarrils de la Generalitat Valenciana (FGV) will improve the coverage and sustainability of public transport in the region. This loan is the first tranche of approved financing totalling €300 million. The EU bank credit line will facilitate improvements to existing infrastructure and the purchase of rolling stock, enhancing service quality, […]
BEI-2023-017, 19.1.2023

€869 million for a just climate transition in Spain #JustTransitionFund

Spain will receive almost €869 million from the Just Transition Fund (JTF) following the adoption of the Just Transition Programme and its Territorial Just Transition Plan (TJTP). The funding will help the country firmly advance in the transition towards a climate-neutral economy in a fair way. Spain is on track to phase out coal for […]
RAPID, IP/22/7645, 22.12.2022
envelopeprinter