Spain Expects To Receive The First Tranche Of The SURE Fund Before 2021
Banca March | Pedro Sanchez’s government hopes that the European Council will approve the Commission’s proposal on the SURE fund this September, in order to access the first tranche of financing this year. Spain’s request for financing in the first tranche is valued at 21.325 billion euros and is already approved by the European Executive. This will be used to cover the expenses associated with employment until September 30th.