- Honda and Nissan to launch merger talks
- Police arrest suspect who set woman on fire in New York subway
- China vows 'cooperation' over ship linked to severed Baltic Sea cables
- Australian tennis star Purcell provisionally suspended for doping
- Asian markets track Wall St rally as US inflation eases rate fears
- Luxury Western goods line Russian stores, three years into sanctions
- Wallace and Gromit return with comic warning about AI dystopia
- Philippine military says will acquire US Typhon missile system
- Afghan bread, the humble centrepiece of every meal
- Honda and Nissan expected to begin merger talks
- 'Draconian' Vietnam internet law heightens free speech fears
- Israeli women mobilise against ultra-Orthodox military exemptions
- Asian markets track Wall St rally as US inflation eases rate worries
- Tens of thousands protest in Serbian capital over fatal train station accident
- Trump vows to 'stop transgender lunacy' as a top priority
- Daniels throws five TDs as Commanders down Eagles, Lions and Vikings win
- 'Who's next?': Misinformation and online threats after US CEO slaying
- Only 12 trucks delivered food, water in North Gaza Governorate since October: Oxfam
- InterContinental Hotels Group PLC Announces Transaction in Own Shares - December 23
- Melrose Group Publicly Files Complaint to the Ontario Securities Commission
- Langers edge Tiger and son Charlie in PNC Championship playoff
- Explosive batsman Jacobs gets New Zealand call-up for Sri Lanka series
- Holders PSG edge through on penalties in French Cup
- Slovak PM Fico on surprise visit to Kremlin to talk gas deliveries
- Daniels throw five TDs as Commanders down Eagles
- Atalanta fight back to take top spot in Serie A, Roma hit five
- Mancini admits regrets over leaving Italy for Saudi Arabia
- Run machine Ayub shines as Pakistan sweep South Africa
- Slovak PM Fico on surprise visit to Kremlin
- Gaza rescuers say Israeli strikes kill 35
- 'Incredible' Liverpool must stay focused: Slot
- Maresca 'absolutely happy' as title-chasing Chelsea drop points in Everton draw
- Salah happy wherever career ends after inspiring Liverpool rout
- Three and easy as Dortmund move into Bundesliga top six
- Liverpool hit Spurs for six, Man Utd embarrassed by Bournemouth
- Netanyahu vows to act with 'force, determination' against Yemen's Huthis
- Mbappe back from 'bottom' as Real Madrid down Sevilla
- Ali hat-trick helps champions Ahly crush Belouizdad
- France kept on tenterhooks over new government
- Salah stars as rampant Liverpool hit Spurs for six
- Syria's new leader says all weapons to come under 'state control'
- 'Sonic 3' zips to top of N.America box office
- Rome's Trevi Fountain reopens to limited crowds
- Mbappe strikes as Real Madrid down Sevilla
- 'Nervous' Man Utd humiliated by Bournemouth
- Pope again condemns 'cruelty' of Israeli strikes on Gaza
- Lonely this Christmas: Vendee skippers in low-key celebrations on high seas
- Troubled Man Utd humiliated by Bournemouth
- 2 US pilots shot down over Red Sea in 'friendly fire' incident: military
- Man Utd embarrassed by Bournemouth, Chelsea held at Everton
Tension in Spain over use of EU recovery funds
The Spanish government is increasingly under fire over its use of the European Union's massive economic recovery funds, with critics blasting the distribution of aid as too slow and arbitrary.
Spain is due to receive 140 billion euros ($160 billion) from the fund by 2026, half of it in grants, making it the programme's second-biggest beneficiary after Italy.
The landmark 800-billion-euro recovery plan was approved by Brussels in July 2020 to help the bloc rebound from the impact of the Covid-19 pandemic, and make its economy greener and more digitalised.
"We are talking about extraordinary amounts," Socialist Prime Minister Pedro Sanchez said earlier this month, calling the funds "a historic opportunity for Spain".
Spain and Portugal were the first nations to receive money, with Madrid collecting 19 billion euros during the second half of 2021.
The funds are at the heart of the economic and political strategy of Sanchez's government after the economy contracted by a whopping 10.8 percent in 2020 under its watch as the pandemic hit.
The government faces elections by the end of 2023.
But some business leaders and opposition parties have complained about a lack of coordination between the central government and Spain's powerful regions over the deployment of the money.
- 'Lack of leadership' -
Although Spain was the first to receive aid, the money was "not injected" as fast as expected in the "real economy", the CEOE employers' association said in a report in early January.
By the end of the year, only 38 percent of the funds allocated to Spain for 2021 had been used, official figures show.
This is "very far from the targets" that were set and the delay in using the aid will hamper growth, think-tank Funcas has warned.
Aerospace giant Airbus complained of a lag in the allotment of the funds, citing a "lack of coordination and leadership" from the responsible ministries, according to an internal memo published in El Pais newspaper last month.
Critics also say that even when the money is distributed, it is often not well spent, with small amounts spread across many projects.
"The current assignment system for the funds" leads to their "dispersion" and favours "little projects", some of them "a bit odd," said the Exceltur tourism association's vice president, Jose Luis Zoreda.
He cited as an example a golf course in the rainy northern region of Asturias.
To have a "real impact", the funds should focus on "a few large projects" with a strong potential to "transform" the Spanish economy, he added.
- 'Cruising speed' -
The row has in recent days become political, with the right-wing opposition Popular Party (PP) accusing the government of favouring regions and municipalities run by the left.
"Two years ago we proposed setting up an independent agency for managing EU funds" as happened in Greece, Italy and France, PP leader Pablo Casado said.
"But Sanchez preferred to distribute aid arbitrarily," he charged.
Casado and several right-wing regional leaders have threatened to take the government to court over the distribution of the EU money, accusing it of "favouritism".
But Sanchez quickly hit back.
"Let's not turn the European funds into a partisan question... which is what the opposition wants," Sanchez said Monday during a news conference with visiting German Chancellor Olaf Scholz.
Economy Minister Nadia Calvino, who served as director general in charge of the EU budget from 2014 to 2018, dismissed the PP's criticisms as "not relevant".
The deployment of European funds will achieve its "cruising speed" in 2022, she added.
F.Bennett--AMWN