Tuesday, December 9, 2014

Spain calls on EU 53.000 million of new investment plan – The New Spain

Spain calls on EU 53.000 million of new investment plan – The New Spain

The Government of Spain has asked Brussels an amount close to 53,000 million euros of European investment program, known as “Plan Juncker “to projects focused especially on transport infrastructure and energy, and the interconnections through the Pyrenees.

The Spaniard Executive unknown so far, concrete list of actions and if any of them will benefit the Principality.

Specifically, Spain aims to achieve a total of 52,971.99 million for investments in projects 2015-2017 plan Juncker, worth 315,000 million, according to documents released yesterday by the European Commission . “It’s a first approximation. You can make modifications in the near future,” said Economy Minister Luis de Guindos.

Most of the amount requested by Spain is for energy projects (25133.50 million), mainly to reinforce the electrical connections with its European neighbors (10273.9 million) and to increase energy efficiency ( 10683.8 million). In addition, we have identified a number of “illustrative projects” that could qualify for financing, such as for integrating the Iberian Peninsula in the energy internal market of the EU, with a cost of $ 4,000 million. Spain has also presented projects to strengthen the connections between the Iberian Peninsula and the Canary territories and gasísticas connections.

The second largest item requested by Spain is intended for transport and is intended entirely to the great European corridors -the Mediterranean and Atlantic-and to correct deficiencies connections. It rises to 6115.30 million. Asturias is not integrated into the main trunk of the Atlantic corridor, but in one of its branches, which runs from the port of El Musel to Palencia.

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