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NextGenerationEU: Commission adopts positive preliminary assessment of Spain's request for €10 billion disbursement under Recovery and Resilience Facility

On 3 December, the European Commission adopted a positive preliminary assessment of Spain's payment request for €10 billion in grants under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU.

First payment request for €10 billion disbursement under Recovery & Resilience Facility, © European Union
European Union

date:  09/12/2021

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This is the first preliminary assessment of a payment request from a Member State approved by the Commission, and marks an important landmark in the implementation of the Facility. On 11 November 2021, Spain submitted a payment request to the Commission based on the achievement of the 52 milestones selected in the Council Implementing Decision for the first instalment. The milestones cover reforms in the areas of sustainable mobility, energy efficiency, decarbonisation, connectivity, public administration, skills, education and social, research and development, labour and fiscal policy, as well as Spain's audit and control system for the implementation of the RRF. The Spanish recovery and resilience plan includes a wide range of investment and reform measures in thirty thematic components. It is worth €69.5 billion in grants, 13% of which (€9 billion) was disbursed to Spain in pre-financing on 17 August 2021.