EU Funds Execution: Spain’s Recovery, Transformation and Resilience Plan is in trouble: about €13bn of the nearly €80bn in grants still isn’t allocated, with the August 31, 2026 deadline raising the risk of losing up to €20bn, while loan take-up was cut sharply after an initial request. Public Procurement Reform: Seopan is pushing Congress for a reform of the Public Sector Contracts Law, focusing on price updates across contracts and new public-private partnership models to speed infrastructure renewal. Green Transition (Cars): The European Parliament Environment Committee starts work on revising EU vehicle CO2 rules, aiming to adjust 2030/2035 targets, add credits for low-emission fuels and steel, and tighten labeling for buyers. ECB Watch: Euro area inflation hit 3.2% in May and core jumped to 2.55%, with services at 3.5%, strengthening the case for an ECB rate hike. Spain Labour Law: A growing “bore-out” debate is turning into legal risk for employers if staff are left without real tasks, potentially triggering contract termination claims. Tech & AI Governance: Spain moves to strengthen AI governance after accessing Anthropic’s Mythos, as EU digital rules tighten. World Cup Logistics: Iran’s squad will travel to Spain for its Mexico base despite visa delays, with a cancelled warm-up against Spain cited.