CORONAVIRUS RESPONSE: OVER €1 BILLION FROM EU COHESION POLICY TO SUPPORT SPAIN'S RECOVERY

  The European Commission has approved the modification of nine more Cohesion policy operational   programmes in Spain, worth a total of €1.2 billion from the European Regional Development Fund   (ERDF) to alleviate the impact of the coronavirus outbreak. This comprehensive recovery approach will   reallocate funds to strengthen the response capacity of the Spanish health system with supplementary   hospital beds, the purchase of pharmaceutical and laboratory material, medical and protective   equipment. Moreover, support to SMEs will contribute to boost the economic sector. Finally, EU funds   will be redirected to develop the ITC of the education and training sectors.

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