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Spain's Bold 'Spain Grows' Fund: A New Chapter in National Investment

Spain's Bold 'Spain Grows' Fund: A New Chapter in National Investment

Spain's Prime Minister Pedro Sanchez announced the creation of a sovereign wealth fund named 'Spain Grows' to continue economic stimulus past the expiration of EU NextGenerationEU funds in 2026. The fund plans to inject €10.5 billion from EU funds, aiming to raise €120 billion to boost sectors like housing and national security.

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