The economic crisis caused by the coronavirus pandemic has affected markets all around the world, placing Spain among one of the most hit European markets. Months of negotiations have finally ended in the agreement of a rescue plan known as Next Generation, made up of a total of 750.000 million euros, destined for the recovery of the most affected economies of the EU countries.
Although the objective of the recovery fund is focused on a targeted mobilization of the European public resources in a massive way, these resources are guarded by some restrictions, essentially based on leading the EU towards a future where digitization and sustainability will become the main characters within the application of policies and reforms in each country, which are expected to be accompanied by an increase in job creation and as a consequence, sustainable economic growth.
In that frame, the resources will not be transferred immediately to each country, but each one must exhibit their projects facilitating the digital and ecological transformation that, in addition, is expected to benefit various segments within each country, in such a way that they represent a global improvement for economies.
Although it still has a long way ahead, Spain´s industry is on the right path towards building a greener and more digital economy that will outcome in a highly competitive and resilient economy over the next few years. Both issues, digitization and sustainability will have an outstanding presence at FEINDEF 21.