These European funds will also help renovate hospitals and schools, strengthen health and social services and foster the transition to a digital economy.
The Basque Country will receive 40.6 million euros from the European Commission to promote electric mobility in public transport, improve energy efficiency and increase the use of renewable energies in public buildings.
These European funds will also help renovate hospitals and schools, strengthen health and social services and foster the transition to a digital economy.
As reported in a statement by the European Commission, this item for the CAV is part of the 382.7 million euros that it has granted within the framework of the 2022 tranche of REACT-EU to support the recovery and digital and ecological transition of Spain.
These resources are in addition to the €10.9 billion of funding that was provided to Spain in 2021 thanks to REACT-EU. As part of the NextGenerationEU programme, REACT-EU supplements with €50.6 billion the cohesion policy programs for the period 2014-2020 throughout 2021 and 2022.
REACT-EU entered into force on December 24, 2020 and can finance expenses retroactively from February 1, 2020 to December 31, 2023.
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