The total sum requested by Spain amounts to €140,000 million, of which €70,000 are direct investments (based on specific projects) and the rest are loans.
The €70,000 million investments are articulated in two mechanisms: "Recovery and Resilience" (MRR), which is the most important, is the core of the Recovery Fund and has around €60,000 million earmarked for Spain and the React EU mechanism, with €12,000 million, the aim of which is to promote the ecological, digital and resilient recovery of the economy.
Spain will concentrate its investment mobilisation effort into the first three years (2021-23) to maximise its impact on the rapid reconstruction of the economy with plans that contribute to overcoming the crisis caused by coronavirus. Subsequently, the remaining €70,000 million in loans will be requested to complement the financing of ongoing projects.