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The end of the European recovery plan accelerates regional investment by 20% in the first half of the year

El gasto en intereses de las comunidades se dispara entre enero y junio en un contexto de presiones inflacionarias y subidas de tipos

Translated from Spanish Read in Spanish

The end of the European recovery plan accelerates regional investment by 20% in the first half of the year

Spanish regions have increased their investment pace in the last year of the European recovery plan. From January to June, regional investment was 21% higher than in the same period last year, exceeding 7,000 million euros. According to the Ministry of Finance's latest report on regional budget execution, financial costs have also surged, with interest payments reaching nearly 3,000 million euros, a 20% increase from last year.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

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