Calvino Says Spain Plans to Tap All Grants and Loans in EU Fund

Calvino Says Spain Plans to Tap All Grants and Loans in EU Fund

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The transcript outlines a strong commitment to finalizing negotiations promptly, with the European Parliament's involvement. The target date for completion is January 1st. The focus is on fully utilizing the 140 billion euros, with a specific emphasis on committing the 72 billion euro grant portion by 2023 to avoid losing any funds. The strategy is to ensure this commitment within the first three years.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target date for finalizing the negotiations?

1st of April

1st of March

1st of January

1st of February

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the total amount that needs to be fully utilized?

140 billion euros

160 billion euros

120 billion euros

100 billion euros

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year must the grant portion be committed?

2024

2021

2022

2023

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount of the grant portion that needs to be committed?

80 billion euros

72 billion euros

60 billion euros

50 billion euros

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to commit the grant amount within the first three years?

To avoid losing any funds

To increase the grant amount

To extend the deadline

To reduce interest rates