The government plans to demand 12,000m euros “in the coming weeks”. second leg The European ‘Next Generation’ bailout funds were announced by the Finance Minister this Friday. Maria Jesus Montero‘Wake up, Spain!’ edited by the digital newspaper El Español in his speech at the economic conference.
Access to the second tranche of European funds is linked to compliance with the reform and investment milestones planned for the second half of 2021 in the Government’s Recovery Plan. This includes, for example, the approval of labor reform and the second package of changes to the pension system (with, for example, the equality mechanism and public funding for employment schemes). In August 2021, Spain received an advance of 9,000 million due to total ‘Next Generation’ transfers of 70,000 million allocated to Spain until 2026, and in December the first tranche (10,000 million) was paid in connection with the fulfillment of obligations. milestones and goals assigned to the first quarter of last year. When the second tranche of 12,000 million is received, the initial payments will increase to 31,000 million.
According to the data provided by the Minister of Finance, by 6 April the Government, autonomous communities A total of 13,145 million Euros of European funding for the implementation of the Recovery Plan programs and investments (eg housing) within its mandate. According to María Jesús Montero, the Government has already realized a total of 29,252 million Euros in budgetary funding (this includes transfers to the autonomies to fulfill the relevant calls for assistance and investment). companies and families).
At the beginning of his speech at the economic forum, the Minister of Finance referred to the meeting this Thursday between Head of Government Pedro Sánchez and PP President Alberto Núñez Feijóo and called in the current crisis. The situation caused by the war in Ukraine, “common sense, understanding of the state and the search for meeting points are above any political strategy or tactic”.
In this sense, and in his subsequent response to the moderator, the minister stated that the Government was a tax harmonization “I am interested in knowing the position of Mr. Feijóo,” said the Minister among autonomous communities. “Galicia has always advocated a certain fiscal cohesion, it’s a region that deals with fiscal cohesion. Lady Diaz Ayuso [presidenta de Madrid] and if all the autonomous heads of the PP in the union are to oppose something common sense”, the head of the Treasury confirmed.
From the minister’s point of view, “Madrid, capital effecttherefore, it has a larger volume of revenue, and this allows it to exert downward fiscal pressure against other regions that have to reduce this fiscal pressure if they want to compete by worsening their public services.” He stated that financial cohesion should be a goal for the autonomous communities in which it is located. In any event, to advance this goal”.consensus is important and until it doesn’t, we won’t be working to promote it”