The southern countries of the European Union, with Spain in the lead, are quickly doing their homework to receive the funds from the recovery plan. They have been the ones who have suffered the most from the economic crisis caused by the measures to stop the covid-19 pandemic and are now the ones who are in the greatest hurry to comply with the requirements set by Brussels to receive money from the Next Generation EU fund. Spain has already received the first payment of the plan, about 10,000 million, and France, Italy, Greece, and Portugal are the other four that have already requested it so far.
The Recovery Plan contemplates the most important boost in our history in public investment and is accompanied by an agenda of structural reforms that will make it possible to achieve five objectives: modernize the productive fabric and the Administration, boost the capacity to create quality jobs, increase productivity and potential growth of the economy, reduce social and gender gaps and promote the green economy.
In accordance with European guidelines, the measures included in the plan strengthen four axes of transformation: ecological transition, digital transformation, social and territorial cohesion and gender equality. These four lines of work will be developed through ten lever policies and thirty components that will articulate the specific projects of the plan.