Spain nears final phase of EU recovery plan with 25.8 billion euros at stake

Spain is entering the final phase of its European Union recovery plan, with approximately 25.8 billion euros still at stake. This amount includes 21.462 billion euros in direct transfers and 4.4 billion euros in credits.

To secure these final disbursements, Spain must meet various milestones and objectives by the August 31 deadline. There are currently 148 pending milestones. The government aims to complete all committed reforms and investments on time to maximize the plan's impact. Since June 2021, Spain has received 78 billion euros in EU funds, representing 76.5% of its total allocated resources.