Spain requests the third phase of the 6,000 million recovery plan
The Spanish government formally requests the third disbursement of the Recovery and Resilience Mechanism for a value of 6,000 million euros. This section was linked to the fulfillment of 23 milestones and 6 goals, which were completed in the first half of 2022, according to the Ministry of Finance and Public Administration.
Among them, the government highlights the implementation of the bankruptcy law reform, which establishes a second chance procedure or reform of the social security contribution system to introduce a new contribution formula based on real income for self-employed workers.
In the field of education, the implementation of the Law on Comprehensive Vocational Training System, as well as the implementation of the Law on Measures to Prevent and Fight Tax Fraud is a step forward. The rule adopts tools to combat new types of fraud linked to new technologies and strengthens mechanisms to fight tax avoidance by large multinationals through abusive tax planning and prohibits tax evasion.
With this request sent this Friday, Spain “becomes the first member state of the European Union to request the third aid package and shows that it is the most advanced country in the implementation of the PRTR plan”, says the department headed by Maria Jesus. Montero. From now on, the European Commission will have a period of two months to analyze and verify the documents submitted by the Spanish government for delivery, according to Article 24 of the Regulation on Recovery and Flexibility Mechanisms.
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