That the autonomous communities have a voice and vote in the management and distribution of millionaire funds for the reconstruction of the European economy after the pandemic. This is what the People’s Party has requested in Brussels to ensure territorial cohesion and uqe the money is distributed directly. The PP spokesperson in the European Parliament, Dolors Montserrat, affirmed yesterday during a debate in the plenary session of this institution that “it will monitor so that the European funds are distributed following transparent criteria and pursuing territorial cohesion and social “, for what he considers essential to involve in the process” all autonomous communities, all city councils, economic sectors and the national parliament. “
The ultimate goal, according to Montserrat, is “that not a single euro is wasted” and that the funds “reach all Europeans in the most direct way possible, to the real Europe.” After recalling the dramatic consequences of the coronavirus in loss of human life and in the closure of companies that cause job losses, Montserrat considered that recovery funds are a “quick and effective” response to this harsh reality. “European funds are to create jobs, jobs and more jobs, and offer a future opportunity for our young people. Faced with the anti-European speeches that speak of the end of a model, it is an unprecedented economic injection to create millions of jobs, reactivate our productive fabric and strengthen our health systems, “explained the popular spokesperson.
These funds, as he added, are also “The answer to build a more competitive Europe that is committed to sustainable growth and digitization, supporting its self-employed and its SMEs”. But these games, the popular spokeswoman recalled again “belong to Europeans and all Spaniards, they are not owned by any government or any ideology.” Therefore, he warned that they are not “going to allow populist governments to use the funds to squander uncontrollably, creating clientelistic networks, and assigning them to finger.
The plenary session of the European Parliament approved this Wednesday the rules for states to receive the European recovery fund, which they set the conditions and procedure to access the 672,500 million euros that will be distributed to the states members between transfers and loans.
The regulation of the Recovery and Resilience Mechanism (RFF) has gone ahead with 582 votes in favor, 40 against and 69 abstentions. The money will not reach the countries until all the States ratify in the EU Council the regulations that give the green light to the Commission to issue the debt to finance the Fund, something that so far only six countries have done.
Once this process is completed, governments will be able to send the European Commission their plans with the reforms and investments that will finance this aid. Spain has around 70,000 million in non-refundable transfers and an amount in credits of up to 6.8% of GDP in 2019.
In exchange for reforms
As of its final approval, Brussels will have a period of two months to analyze the aforementioned plans that will be sent by each government. The ultimate goal will be evaliar if projects collect the required balance between investments and reforms or plans that promote the ecological and digital transitions are included.
National plans should also consider “all or a significant set” of the economic recommendations that the European Commission has made to each of the countries in its annual macroeconomic assessments. This is where obliges Spain to undertake reforms to ensure the sustainability of the pension system or retouch labor law to facilitate permanent hiring. Other recommendations that the European authorities have targeted Spain have to do with improving support for families adopting investments to promote innovation, energy efficiency, improve rail infrastructure for freight, increase support for R & D and advance the law of market unity.