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More than a year and a half after the implementation of the Recovery, Transformation and Resilience Plan (PRTR), the excitement is turning into disappointment, as there is a perception that the funds are failing to reach households and businesses.
The European authorities have approved the Regulation of the Recovery and Resilience Facility, the main instrument of the European Recovery Fund that will channel EUR 672.5 billion through grants and loans. This is an unprecedented response and a unique opportunity that Spain must seize.
