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European Business Recovery Plan

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A unique opportunity to transform our society and the economy.

The European Recovery Plan or Next Generation EU will contribute to the European recovery following the crisis caused by Covid-19 and support the investment in the ecological and digital transitions. From the more than €2 trillion in aid, Spain has been allocated €140 billion, €72.7 billion in subsidies and €67.3 million in loans.

This unprecedented project has seen public administrations and companies work together to repair the damage caused by the pandemic, in addition to transforming the economy and building a more sustainable and digital Europe.

Plan for the Recovery, Transformation and Resilience of the Spanish Economy

In October 2020, the Spanish government presented the first version of the Plan for the Recovery, Transformation and Resilience, setting out the series of investments and reformations to mobilise the 72 million euros of aid due between 2021 and 2023.

Plan structured around four transversal axes

Structured around 10 main policies. 

20 key reform

Several key reforms as part of the Recovery Plan are worth mention. 

PERTE (Strategic Projects for the Economic Recovery and Transformation)

In principle, 6 PERTEs have been identified. 

Collaboration with PwC

At Banca March, we have joined forced with PwC, a leading advisor in the management of recovery funds, to accompany you in this process from start to finish.

An opportunity for growth

As a specialist in providing advisory services to companies, family companies and entrepreneurial families, Banca March has the experience and knowledge required to offer the advice you need both in terms of your finances and your business.

Take a look at this video in which José Cuevas, Assistant Deputy Managing Director at Banca March - Large Companies Banking explains the keys of the European Aid Plan and tells us how companies can prepare to apply for this aid.

Enjoy a customised service, with the peace of mind that comes with working with one of the most solvent banks in Europe.

This video also shows the digital meeting held in October with PwC.

At this meeting, we provided information on how Banca March will promote access to these funds, based on our extensive experience preparing feasibility analyses and implementing financing projects.

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