The European Commission approved on Wednesday Spain’s plan for recovery after the pandemic and transformation into a greener and more digitalised economy, the second such approval in the 27-nation bloc after Portugal.
Spain will get 69.5 billion euros in grants until 2026. Madrid will already get the first 9 billion euros in pre-financing for the scheme once EU finance ministers also sign off on the plan in July.
Also – EU Chief Signs Off On Spain, Portugal Recovery Plans
Moreno Gathers Momentum In Campaign For Regional Financing Reform
The President of Andalucia, Juanma Moreno, will address the first plenary session of parliament in Sevilla on July 7. He is expected to reiterate calls for a nation-wide shake up in regional funding and urge other autonomous regions to join forces to demand changes from Prime Minister Pedro Sanchez.
The current system, Moreno says, is short-changing Andalucia millions every day and has led to a cumulative debt of more than 10 billion euros.
He is also likely to stress that there can be no national recovery for Spain if Andalucia does not receive “adequate financial resources”.
According to Moreno, Madrid has owed money to Andalucia since 2009 at a rate of €4 million every day. The debt now stands at €10.8 billion, he said.
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A message for Cadiz, Andalucia – Unite The Campo.