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Von der Leyen, Spain first to receive Recovery payment

2021-12-03T21:09:32.445Z


(HANDLE) BRUSSELS - "Spain will be the first EU country to receive a payment of 10 billion" (net of pre-financing) from Recovery, "once the Member States have authorized it". This was announced by the president of the European Commission, Ursula von der Leyen , explaining that "Spain has made sufficient progress in the implementation of its national recovery plan" . Brussels adopted a positive preliminary


BRUSSELS -

"Spain will be the first EU country to receive a payment of 10 billion"

(net of pre-financing) from Recovery, "once the Member States have authorized it".

This was announced by the

president of the European Commission, Ursula von der Leyen

, explaining that "Spain has made

sufficient progress in the implementation of its national recovery plan"

.

Brussels adopted a positive preliminary assessment of Madrid's payment request.

This is the first preliminary assessment of a state payment request and marks an important milestone in the implementation of the instrument.

"The European Commission sends a

signal of confidence in the implementation of Spain's ambitious plan

to move its economy towards stronger, more inclusive and more sustainable growth".

This was stated by the

European Commissioner for Economy, Paolo Gentiloni

, commenting on the first approval of a payment request from the Recovery fund in favor of Madrid.

"We are moving towards an equitable, sustainable and inclusive recovery. Excellent news!"

: so on Twitter the

Spanish Prime Minister, Pedro Sänchez

, after the President of the European Commission Ursula von der Leyen announced that the Iberian country will be the first in the EU to "receive a payment of 10 billion" (net of pre-financing) from Recovery.

Source: ansa

All news articles on 2021-12-03

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