
Spain will receive an additional €15.8 million under REACT-EU. The region of Navarra will receive an additional €4.8 million to promote skills training for unemployed people struggling to find employment. Funds will also be allocated to hiring incentives for these people and persons with disabilities. Entrepreneurs and start-ups, in particular launched by young people, will also be supported, for instance via workshops and career advice. Furthermore, the region of Extremadura will receive an additional €11 million to help maintain self-employment in the region as well as to support hiring incentives for employing young people.
The funds will contribute to projects in the Professional Dual Employment Schools of Extremadura, which combine education with work experience in the social sector. New vocational training opportunities will also be developed in secondary and higher education.
The Commission has already paid €2.5 billion to Spain under REACT-EU. In 2021, REACT-EU had already allocated €40 billion to help Member States recover from the pandemic, invest in the digital and green transition, and as of 2022, to host and integrate people fleeing the war in Ukraine.
The Commission has also paid €3.5 billion of pre-financing payments to Member States under REACT-EU since March 2022. The most recent comprehensive package ‘Flexible Assistance to Territories (FAST-CARE)' further extends the support to Member States by offering additional flexibility in Cohesion Policy funding while also increasing pre-financing payments by an additional €3.5 billion to be paid in 2022 and 2023. The final date of eligibility for REACT-EU expenditures is 31 December 2023.