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Spain’s Vanished Billions – OpEd

Eurasia Review Tuesday, 15 July 2025 ()
By Mark Nayler

In late 2021, Spain’s Socialist prime minister, Pedro Sánchez, unveiled the following year’s budget with great fanfare. The largest in Spanish history, it totaled almost €200 billion, €27 billion of which came from a new European financing scheme called NextGenerationEU (NGEU). Supposedly designed to...
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European Union European Union Supranational political and economic union

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Pedro Sánchez Pedro Sánchez Prime Minister of Spain since 2018

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Italy Italy Country in Southern Europe

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Credit: FRANCE 24 English    Duration: 01:55Published
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City of Brussels City of Brussels Municipality of the Brussels-Capital Region and capital of Belgium

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Socialism Socialism Political philosophy emphasising social ownership of production

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European Court of Auditors European Court of Auditors Institution of the European Union

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Credit: euronews (in English)    Duration: 01:10Published

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