The Recovery Plan for Europe aims to transform the challenges derived from the pandemic into an opportunity to promote the ecological transition and digital transformation. To this end, the European institutions have created the Next Generation EU (NGEU) instrument, with 750 billion euros, to finance transformative projects.
Thus, the Next Generation EU Plan (NGEU) is made up of two financial instruments: the Recovery and Resilience Mechanism (RRM) and the REACT-EU, which are complementary to the rest of the resources provided for in the EU budget (for example , the well-known cohesion policy funds).
On July 13, 2021, the EU Council approved the Spanish Recovery, Transformation and Resilience Plan (PRTR).
We have identified a growing interest in the cluster for information and advice on different financing mechanisms, including European funds for the transformation, recovery and modernization of the economy.
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