After more than six months of delays, expectations and consideration, Spain receives at the end of the fifth payment of the Pandemic restoration plan. The European commission paid almost 23,000 million euros on Monday of the fifth of the next generation and loans, which were raised together as part of the fifth payment. The Community Executive Director authorized Spain with a partial payment, given that the government did not fulfill all the stages and goals undertaken in this section. Thus, this reduced the final payment in 1100 million for not corresponding to a diesel tax and digitalization of regional and local organizations.
The Community Executive Director believes that the government does not correspond to the two milestones formulated in this fifth payment of the recovery plan. On the one side, Diesel tax for which the government could not receive the necessary support in the congress To get a measure forward. The purpose of special relevance, because it was part of a fiscal reform dedicated to Brussels.
On the other hand, the head of the community believes that Spain has not fulfilled the milestone associated with Digitalization of local and regional organizations guarantee citizens’ access to public services. “Most of the milestone was completed, although the commission asked for more time to continue to work on the analysis of the evidence presented in order to evaluate its full compliance,” they say from the Ministry of Finance.
In addition, Brussels believes that Spain has not fulfilled any of the milestones related to the first payment of funds, the temporality of the interval. What will Brussels go from Subsequent payments to Spain 627 million euros To compensate for this violation.
Brussels suspended Spain as part of the fourth payment, Delivery 158 million euros Associated with the implementation of the digitization and innovation program for SMEs. The amount included in 23,000 million euros, which Brussels delivers to Spain on this Monday.
Spain accumulates a a year and a half of delay in relation to the original calendar recovery plan. The fifth payment was scheduled for the first semester of 2024, although Brussels was requested at the end of last year. At the same time, the government presented several applications to the recovery plan, in which it promoted milestones and goals of subsequent payments, that is, the sixth, seventh and eighth payments, so that part of the financing of these payments, both funds and loans.
Thus, the total amount of the fifth payment amounted to 23.9 billion euros, From 8000 million next generation funds to 15.9 billion euros. 55 milestones and the goals of the next sections were advanced, who believed that they were fulfilled.
