Overview
- Spain’s Council of Ministers is set to consider a document agreed with the European Commission after weeks of negotiations.
- The plan simplifies 337 pending milestones and streamlines procedures to allow projects to continue past the August 2026 execution cutoff.
- Brussels will accept some measures via lower‑rank norms such as royal decrees, though laws on Industry and Transparency still require Parliament.
- Spain has received €55.092 billion of €79.854 billion in non‑repayable grants and expects to seek one or two additional disbursements.
- The government will tap roughly 25% of the available EU loan facility, citing slightly cheaper market borrowing versus EU financing.