The Government has sent the European Commission the request for the fourth tranche of European funds that gives access to 10,021 million more linked to the fulfillment of 44 milestones and 17 objectives. In this way, in the event of a positive evaluation by the community authorities, Spain will have received financing for a total of more than 47,000 million in transfers. 37,036 million euros have already been authorized, of which 9,036 million were received as pre-financing and 28,000 million correspond to the first three disbursements.

The sending of this fourth application by the General Secretariat of European Funds of the Ministry of Finance confirms Spain as one of the most advanced EU countries in the presentation of applications, highlights the Executive.

This fourth claim includes reforms and measures already approved, such as the replacement of the pension sustainability factor with an intergenerational equity mechanism, the adaptation of the calculation period for calculating the retirement pension and the adaptation of the maximum contribution base .

It also includes measures included in the royal decree-law approved this week by the Council of Ministers with the reform of the Public Service among them. The Create and Grow Law and the Start-ups Law, of the Ministry of Economy, are also contemplated.

The Treasury highlights that another of the reforms contemplated in the request sent to the EU has to do with the modification of the Patronage Law to improve its tax incentive regime. The objective is to encourage patronage in all economic sectors.

Finally, the department of María Jesús Montero highlights “measures aimed at achieving a greener and more sustainable economy, such as the package of measures on the circular economy or the Law on Waste and Contaminated Soils, as well as the Housing Law”, already in force.

The European Commission must now carry out an analysis and verification of the documentation presented by the Government to make the disbursement. In the Government they do not expect problems because they consider the commitments fulfilled.

If a positive evaluation is obtained from the European Commission, Spain will have already met 182 milestones and objectives, which represents almost 45% of the initial Recovery Plan and more than 30% of the Addendum approved in October.