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Another Initiative to Be Agreed Upon
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1 Articles
The government of Pedro Sánchez has announced a sovereign wealth fund endowed with €10.5 billion in European funds channeled through the NextGen program via the Official Credit Institute (ICO), plus a €2.8 billion green bond, to mobilize €120 billion in private investment over a decade. Inspired by Norway and France, which have already invested billions in the state's renewable energy and hotel sectors, it seeks to replicate a model that has alr…
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