SURE fund second round

EU recovery fund

Spain Receives A Second Tranche Of €4 Bn From The European Fund To Pay Furloughs And Self-Employed

With this second payment, Spain has already received 10 billion euros via the SURE instrument out of the total €21.3 Bn Pedro Sánchez’s government requested and was later approved by the European institutions. The Community Executive has disbursed in this second round a total of €14 Bn to nine European countries. In addition to Spain, Italy (6.5 Bn), Greece (2 Bn), Croatia (510 M), Lithuania (300 M), Cyprus (250 M), Slovenia (200 M) and Malta and Latvia (120 M each) have received tranches from this fund.