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Spain approves €70 billion recovery plan to help transform economy

From euractiv.com

The Spanish government has approved a €70 billion recovery plan to be funded with EU resources, which has the long-term aims of shifting the country’s economy away from over-reliance on services and boosting digitalisation. EURACTIV’s partner EFE reports. Spain will submit its stability plan to the European Commission on Wednesday (28 April), EFE reported. The plan contains a series of reforms, including of the tax and pension systems. The plan is intended to promote an economic green transition through decarbonisation and electrification, notably by promoting the use of electric vehicles. It also seeks to reinforce ... (full story)

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  • Category: Fundamental Analysis