Spain's Government Injects €13.3B into ICO to Launch 'España Crece' Investment Fund

The Spanish government has approved a €13.3 billion capital injection into the Instituto de Crédito Oficial (ICO) to activate the 'España Crece' fund, aimed at mobilizing up to €120 billion in public-private investments. This initiative seeks to continue the momentum of European funds and support strategic sectors, including affordable housing, with a €23 billion allocation.