Calviño advances “more investments” and will request the third payment of European funds

0

The First Vice President of the Government and Minister of Economic Affairs and for Digital Transformation, Nadia Calvinohas stated this Thursday that more announcements of “important investments” in Spain may occur today after yesterday’s confirmation that Volkswagen will continue with the construction of a battery gigafactory in the Valencian Community.

Calviño, in statements to RNE, did not want to give more details about these new investments, but he did highlight that both Volkswagen and those announced by Google and the shipping company Maersk would not be possible without the European funds associated with the Recovery Plan. Asked about a possible tightening of the Brussels criteria for the distribution of European funds, Calviño stated that “he does not know where this idea comes from”, as the European Commission has been “very demanding from the start”.

“And it cannot be otherwise, because we are talking about a very important volume of funds,” Calviño stressed, adding that, until yesterday, when Italy received it, Spain was the first country to receive both first payments from European funds. In this sense, he has advanced that “tomorrow or these days” Spain is going to ask Brussels for the third disbursement amounting to 6,000 million euros.

“These are amounts that have to be verified and controlled (…). From the first moment the demand has been maximum,” insisted the vice president.

About the demand that some countries are making to make compliance times more flexible of milestones of the Recovery Plan, Calviño has assured that there are many who want to extend these terms, since the investments of 2023 cannot have the same term as those of previous years.

In any case, the first vice president has underlined that Spain is meeting the milestones committed to with Brussels in the Recovery Plan. “We are the most advanced country (with the Plan),” asserted Calviño, who explained that this is so because the Government understood “from the first moment” how important these funds were to accelerate the necessary transformation of Spain.

Source: lainformacion.com

*The article has been translated based on the content of lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

For all the latest news click here

Denial of responsibility! HOS is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at amritpaljha@gmail.com The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.