# Spain nears final phase of EU recovery plan > Live situation record from CLSTR: https://clstr.news/situations/spain-nextgenerationeu-fund-disbursements > Updated: 2026-09-06T06:33:53.000Z. Sources: 33. Developments: 7. Spain is approaching the conclusion of its execution period for the NextGenerationEU recovery funds. Following the end of the established milestone execution period on August 31, 2026, the Spanish government has until September 30 to request its seventh and final disbursement. This final request involves 148 objectives that could unlock approximately €21.46 billion in transfers and €4.4 billion in loans, potentially bringing total funds received by the end of 2026 to over €100 billion. Discrepancies have emerged regarding the tracking of these funds. While the official Elisa portal reported by late June that over €95 billion had been called and €70 billion resolved, BBVA Research estimated that €62.726 billion had been awarded, representing 78% of the total volume. Business leaders have noted that the absence of a unified statistical reference has complicated efforts to track the program’s effectiveness. Specific allocations continue to be implemented, including a €560 million initiative by the Ministry of Presidency, Justice and Relations with the Courts to digitalize and centralize the nation’s justice system. State Secretary of Justice Manuel Olmedo confirmed this investment includes €150 million from the department’s ordinary budget and €410 million from Next Generation funds, aiming to unify a system fragmented by the transfer of competencies to 12 autonomous communities. Despite the capital supporting digital transformation, experts and business organizations remain concerned about the speed at which funds reach the real economy and the plan’s ultimate impact on productivity. ## Claims - As of late June, the Elisa portal reported over 95,000 million in funds called, approximately 80,000 million assigned, and over 70,000 million resolved. (corroborated by 3 sources) - BBVA Research calculated that 62,726 million had been awarded, representing 78% of the Recovery and Resilience Mechanism investment volume. (corroborated by 3 sources) - Spain has received approximately 78,000 million through six payments. (corroborated by 3 sources) - A final request for funds could grant access to an additional 21,462 million in transfers and 4,400 million in loans. (corroborated by 3 sources) - Total funds are expected to exceed 100,000 million before the end of 2026. (corroborated by 3 sources) - Spain concluded its execution period on August 31, with a deadline of September 30 to request the final disbursement from the EU. (corroborated by 3 sources) ## Timeline ### 2026-09-06: Spain nears end of European fund execution amid productivity concerns Spain nears the end of its European Recovery Plan execution, with total funds expected to exceed 100,000 million by 2026 despite debates over productivity and fund distribution speed. 7 sources. https://clstr.news/cluster/spain-nears-end-of-european-fund-execution-amid-productivity-concerns ### 2026-09-01: Spain allocates 560 million euros to digitalize justice system Spain is investing 560 million euros, including 410 million from EU Next Generation funds, to digitalize and centralize its justice system across autonomous communities. 5 sources. https://clstr.news/cluster/spain-allocates-560-million-euros-to-digitalize-justice-system ### 2026-08-30: Spain enters final phase of EU recovery fund execution Spain enters the final stage of its EU recovery plan, with over 25 billion euros in potential funds remaining to be requested by the September 30 deadline following the completion of 338 milestones. 11 sources. https://clstr.news/cluster/spain-nears-final-disbursement-of-eu-recovery-funds ### 2026-08-28: Spain faces risk of returning billions in unallocated EU funds Spain risks losing over 22 billion euros in unallocated European funds as the August 31 deadline nears, with digital skills programs showing significant execution failures. 3 sources. https://clstr.news/cluster/spain-faces-risk-of-returning-billions-in-unallocated-eu-funds ### 2026-08-16: Spain nears final phase of EU recovery plan with 25.8 billion euros at stake Spain faces a deadline of August 31 to meet 148 milestones required to secure the remaining 25.8 billion euros from the EU recovery plan. 4 sources. https://clstr.news/cluster/spain-nears-final-phase-of-eu-recovery-plan-with-258-billion-euros-at-stake ### 2026-08-13: Spain receives €6,234 million sixth tranche of EU recovery funds Spain has received a €6,234 million installment from the EU recovery fund, bringing its total received funds to €78,000 million as it enters the final phase of its recovery plan. 2 sources. https://clstr.news/cluster/spain-receives-6234-million-sixth-tranche-of-eu-recovery-funds ### 2026-08-11: Spain prepares final 25 billion euro request for Next Generation EU funds Spain prepares its final request for 25 billion euros in Next Generation EU funds after receiving a sixth disbursement of 6.2 billion euros, bringing total funds received to 78 billion euros. 8 sources. https://clstr.news/cluster/spain-prepares-final-25-billion-euro-request-for-next-generation-eu-funds --- Cite as: Spain nears final phase of EU recovery plan. CLSTR, https://clstr.news/situations/spain-nextgenerationeu-fund-disbursements