The European Commission has made the payment of €6.234 billion (excluding pre-financing) to Spain following the College of Commissioners' adoption of the payment decisions authorising the sixth disbursement under the Recovery, Transformation and Resilience Plan (PRTR). This new revenue provides a further boost to the implementation of the plan's reforms and investments as it enters its final stages.
The payment was made following Spain's submission of its sixth application on 3 March 2026, which included milestones and targets linked to key reforms and investments in areas such as sustainable mobility, housing, social protection and the health system, industrial and digital transformation, and the modernisation of the public administration.
This sixth instalment consists of:
- €5.226 billion in grants, including €265 million resulting from the positive assessment of two milestones carried over from the fifth disbursement - specifically regarding the digitalisation of regional and local entities and, in part, tax reform.
- €1.008 billion in loans, enabling the continued deployment of funds across strategic areas of the Recovery Plan.
With this new payment, Spain has received a total of €78 billion in European funds after meeting 338 milestones and targets under the Recovery Plan, reflecting its commitment to reforms and the effective implementation of investments within the country. This amount represents 76.5% of the total funds allocated to Spain under the Recovery and Resilience Facility.
Key milestones and objectives
The sixth payment request has been characterised by major legislative reforms and significant investments, most notably:
- Sustainable mobility and decarbonisation: the passing of the Sustainable Mobility Act, which lays the foundations for a decarbonised, digital and efficient transport system, alongside the allocation of €250 million for scrapping old vehicles, acquiring zero-emission vehicles, and developing charging infrastructure, as well as 85 electromobility projects.
- Housing: the establishment of CASA 47, the State Housing and Land Agency, as a cornerstone of the new public housing system.
- Social protection and the healthcare system: extending and improving the remuneration for maternity and childcare leave, with additional support for single-parent families; measures to improve staff retention in the healthcare sector; and ensuring that the Minimum Basic Income is more compatible with other benefits.
- Industrial and digital transformation: execution of €2.242 billion in industrial transformation investments, largely through PERTEs; over €1.8 billion in digital transformation and cybersecurity; and investments in connectivity and 5G.
- Institutional modernisation: creation of the new Agency for the Evaluation of Public Policies and Service Quality.
Final phase of the recovery plan
Spain is on track to successfully complete the implementation of the Recovery and Resilience Mechanism, one of the key instruments for the country's economic, social and territorial transformation. In this final phase of the recovery plan, three milestones associated with the sixth disbursement will be revised by means of a technical addendum, with the aim of making them clearer ahead of their inclusion in the application for the seventh and final disbursement.
The Government is already working on preparing and submitting this final payment application, which will entail the assessment of 148 milestones and targets and enable a request for €21.462 billion in grants and €4.4 billion in loans. With this, Spain enters the final phase of implementing the PRTR, with the aim of completing all the agreed reforms and investments on schedule and maximising their impact on the growth, modernisation and resilience of the economy.
Approval of this final disbursement will mean Spain will have received over €100 billion in financial contributions from the Recovery and Resilience Facility by the end of 2026.
This process will require a coordinated effort by all the bodies responsible for implementing the Plan; it will continue throughout August and in the coming months in order to successfully complete one of the largest investment and reform programmes in Spain's recent history.
Non official translation
Recovery, Transformation and Resilience Plan