The European Commission has confirmed that it will deliver this Thursday Another 7,706 million euros It corresponds to Spain’s Recovery and Resilience Mechanism (MRR), where the country will receive 77,234 million euros, up from a final amount of 69,528 million euros.
as described by Ministry of Finance and Public Administration The Recovery and Resilience Mechanism Regulation, with a statement, specifies that the maximum financial contribution is calculated based on a formula that takes into account variables related to population, GDP per capita or the growth of the economy between 2020 and 2021.
Specifically, article 11.1 of the Regulation states that 30% of it Maximum Financial Contribution It had to be recalculated based on the final data on GDP growth in 2020 and the cumulative growth between 2020-2021. This new calculation was supposed to be done before 30 June 2022 and has already been done.
Therefore, after recalculating the amounts, the maximum financial contribution corresponding to Spain in terms of transfers or non-refundable resources charged to the Transfer and Resilience Mechanism (MRR) has therefore been increased by € 7,706 million, in a context currently marked by: uncertainty Around the war in Ukraine and the rise in prices.
Total number of non-refundable transfers available for Spain, Healing and Resilience MechanismThe Recovery Plan should be updated to include new investments.
Progress in meeting milestones
In the same week, the European Commission published a positive preliminary assessment of Spain’s compliance with the 40 milestones and targets associated with the second payment of the Recovery, Transformation and Resilience Plan and started the payment process. 12,000 million euros.
After this last payment, Spain will have received 31,000 million euros, taking into account the advance. 9,036 million euros received 10,000 million of the first payment transferred in December of last year and the corresponding 12,000 million of the second payment in August 2021.