ECFIN E-news 301: Commission disburses €9.9 billion to Spain under the Recovery and Resilience Facility
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  26 July 2024  
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In this issue

Top story

Commission disburses €9.9 billion to Spain under the Recovery and Resilience Facility

The Spanish payment request covered 44 milestones and 17 targets. These include reforms to advance the green and digital transition, smart, sustainable and inclusive growth, and economic, institutional and social resilience and territorial cohesion. The payment also covers investments in the digital and green transition, research, development and innovation, as well as education and vocational training.

 
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News

Commission disburses €2.3 billion to Greece under the Recovery and Resilience Facility

The Greek payment request covered one target: further progress in the delivery of the Loan Facility. This measure aims to mobilise private investments in areas such as the green and digital transitions, increasing export capacity, and research, development and innovation.

 
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Commission disburses €821.7 million to Croatia under the Recovery and Resilience Facility

The Croatian payment request covered 25 milestones and 12 targets. These include several reforms and investments in the areas of digitalisation, public administration, clean transport, mobility, water and wastewater management, tourism, judiciary, education and health.

 
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Events and notices

Replay the Brussels Economic Forum

At this year's Brussels Economic Forum on 16 May, high-level speakers and participants discussed how the EU elections will shape future economic policies. You can check out the highlights and replay the event on our website.
 
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Publications

Circular Economy: State of Play and Key Determinants of the EU Secondary Markets for Materials

This paper analyses the state of play and key determinants of EU secondary markets for materials and products/components in the context of increasing the circularity of the EU economy.

 
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Mid-Tech Europe? A Sectoral Account on Total Factor Productivity Growth from the Latest Vintage of the EU-KLEMs Database

This paper analyses total factor productivity growth developments in the EU as compared to the US on the basis of the latest vintage of the EU-KLEMS database.

 
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European Business Cycle Indicators: Low consumer confidence and the economy – Insights from the euro area. 2nd Quarter 2024

The Special topic examines the relationship between consumer confidence and a number of measurable economic variables, focusing on the negative confidence gap observed since 2023.

 
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Greece’s Loan Facility: Facilitating Corporate Investment through NextGenerationEU

This paper presents the main features of the Loan Facility, the loans component in Greece’s Recovery and Resilience Plan (RRP), and a first assessment of its economic impact using the European Commission’s QUEST model.

 
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EU Candidate Countries’ & Potential Candidates’ Economic Quarterly (CCEQ) - Western Balkans and Türkiye. 2nd Quarter 2024

An overview of economic developments in candidate and pre-candidate countries.

 
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An Assessment of the Euro Area Fiscal Stance

This Economic Brief analyses the euro area fiscal stance since 2020, i.e. the impulse that national budgets and the EU budget have been providing to the euro area economy since the pandemic.

 
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This newsletter is published by the European Commission's Directorate General for Economic and Financial Affairs. The Directorate‑General for Economic and Financial Affairs is the Commission department responsible for EU policies promoting economic growth and recovery, higher employment, stable public finances and financial stability.

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