recovery

Madrid 3021998 1280

Spain rejects criticism of slow use of EU recovery funds

Companies want Madrid to spend €140bn on Covid repair projects faster Spain eased corporate concerns about managing the multi-billion-euro EU recovery fund, insisting it had reached "cruising speed" in developing investment plans and would meet stringent auditing standards to secure its next cash supply. The country was the first to receive payments from the EU's Pandemic Recovery Fund last year...

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