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Image header Agence Europe
Europe Daily Bulletin No. 12829
Contents Publication in full By article 24 / 34
EU RESPONSE TO COVID-19 / Economy

Madrid to request payment of first instalment of financial assistance under Spanish recovery plan

Brussels, 09/11/2021 (Agence Europe)Upon arriving at the Eurogroup meeting in Brussels on Monday, 8 November, Spain’s finance minister Nadia Calviño indicated that, in the next few days, her country would be the first to submit an official request to the European Commission for the payment of the first instalment of EU financial assistance equivalent to “ten billion euros” under the Next Generation EU recovery plan. One of the conditions included in the Spanish recovery plan concerns “labour market reform”, she added. In August, Spain received an envelope of €9 billion to prefinance its plan that includes €69.5 billion in grants only (see EUROPE 12774/5). (MB)

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
EU RESPONSE TO COVID-19
COURT OF JUSTICE OF THE EU
NEWS BRIEFS
CORRIGENDUM