Recovery and Resilience Facility

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, […]

Spanish scheme to support roll out of broadband backhaul networks in rural areas

The European Commission has approved, under EU State aid rules, a €500 million Spanish scheme made available through the Recovery and Resilience Facility (‘RRF') to support the deployment of broadband backhaul infrastructure in rural areas. The measure is part of Spain's strategy to address the needs of citizens and business in the context of the […]

Implementation of the Recovery and Resilience Facility

Review report on the implementation of the Recovery and Resilience Facility

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 […]