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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total amount mentioned that will be fully used?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of not losing a euro from the grants part?

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