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Dictionary of Next Generation EU recovery fund

Glossary of European recovery fund terms

This digital dictionary contains all the useful terms you need to know about EU recovery funds, arranged from A to Z.

Bankinter has developed the platform as a handy, interactive guide to understanding the most common concepts used in the world of NGEU funds.

A

AUE

Spanish Urban Agenda (AUE). Strategic document, not regulated, and therefore voluntary membership, which pursues sustainability in urban development policies based on the criteria established by the 2030 Agenda, the new United Nations Urban Agenda and the Urban Agenda for the EU. It is also a working method and a process for all public and private sector actors involved in cities who seek fair and sustainable development in their different fields of action.

PERTE

Strategic projects for economic recovery and transformation (PERTEs). These are large-scale strategic projects that require collaboration between administrations, companies and research centres.

PRTR

Recovery Transformation and Resilience Plan (PRTR). Spain's roadmap of measures, investments and reforms that it will undertake with the NGEU funds received.

Lever policies

The Recovery, Transformation and Resilience Plan “España Puede” submitted to the EU is structured around 4 lines of action for economic transformation, green transition, digital transformation, social and territorial cohesion and gender equality. These four lines of action are reflected in 10 lever policies.

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