Article 1
Open ↗Spain fulfils the conditions set out in Article 3 of Regulation (EU) 2020/672.
Source
Council Implementing Decision (EU) 2020/1347 of 25 September 2020 granting temporary support under Regulation (EU) 2020/672 to the Kingdom of Spain to mitigate unemployment risks in the emergency following the COVID-19 outbreak
Council Implementing Decision (EU) 2020/1347 of 25 September 2020 granting temporary support under Regulation (EU) 2020/672 to the Kingdom of Spain to mitigate unemployment risks in the emergency following the COVID-19 outbreak
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Article 2
Open ↗1. The Union shall make available to Spain a loan amounting to a maximum of EUR 21 324 820 449. The loan shall have a maximum average maturity of 15 years. 2. The availability period for financial assistance granted by this Decision shall be 18 months starting from the first day after this Decision has taken effect. 3. The Union financial assistance shall be made available by the Commission to Spain in a maximum of ten instalments. An instalment may be disbursed in one or several tranches. The maturities of the tranches under the first instalment may be longer than the maximum average maturity referred to in paragraph 1. In such cases, the maturities of further tranches shall be set so that the maximum average maturity referred to in paragraph 1 is respected once all instalments have been disbursed. 4. The first instalment shall be released subject to the entry into force of the loan agreement provided for in Article 8(2) of Regulation (EU) 2020/672. 5. Spain shall pay the cost of the funding of the Union referred to in Article 4 of Regulation (EU) 2020/672 for each instalment plus any fees, costs and expenses of the Union resulting from any funding related to the loan granted under paragraph 1 of this Article. 6. The Commission shall decide on the size and release of instalments, as well as on the size of the tranches.
Article 3
Open ↗Spain may finance the following measures: (a) the short-time work scheme ‘ERTE’ ( Expediente de Regulación Temporal de Empleo ) for employees, as provided for in ‘Royal Decree Law 8/2020 of 17 March’ (Chapter II, Articles 22 to28), ‘Royal Decree Law 18/2020 of 12 May’ and ‘Royal Decree Law 24/2020 of 26 June’ (Articles 1 to7); (b) the extraordinary social security contribution measures for employees subject to ‘ERTE’, as provided for in ‘Royal Decree-Law 8/2020 of 17 March’ (Chapter II, Articles 22-28), ‘Royal Decree-Law 18/2020 of 12 May’ (Articles 1 to 4), ‘Royal Decree-Law 24/2020 of 26 June’ (Chapter I, Article 4 and additional provision 1); (c) the benefit due to ‘cessation of activity’ and the accompanying social security contribution exemptions, as provided for in ‘Royal Decree-Law 8/2020 of 17 March’ (Article 17), as amended by ‘Royal Decree-Law 11/2020 of 31 March’ (final provision 1.8) and by ‘Royal Decree-Law 24/2020 of 26 June’ (Articles 8.9 and 10); (d) the support scheme for ‘permanent seasonal workers’, as provided for by ‘Royal Decree-Law 15/2020 of 21 April’ (final provision 8) and in application of ‘Royal Decree-Law 8/2020 of 17 March’ (Article 24) to these workers; (e) the partial exemption of employers from payment of social security contributions to support ‘employment conservation in the tourism sector’, as provided for in ‘Royal Decree Law 8/2019 of 8 March’, ‘Royal Decree Law 12/2019 of 11 October’, ‘Royal Decree Law 7/2020 of 12 March’ (Article 13) and ‘Royal Decree Law 25/2020’ (final provision 4); (f) health benefits for workers absent due to COVID-19, as provided for in ‘Royal Decree-Law 6/2020 of 10 March’ (Article 5), ‘Royal Decree-Law 13/2020 of 7 April’ (final provision 1) and ‘Royal Decree-Law 27/2020 of 4 August’ (final provision 10).
Article 4
Open ↗Spain shall inform the Commission by 30 March 2021, and every six months thereafter of the implementation of the planned public expenditure until that planned public expenditure has been fully implemented.
Article 5
Open ↗This Decision is addressed to the Kingdom of Spain. This Decision shall take effect on the date of its notification to the addressee.
Article 6
Open ↗This Decision shall be published in the Official Journal of the European Union .
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Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
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