Calviño will convene a meeting this month with the financial sector, economic and social actors so that these funds reach the real economy as soon as possible after the implementation difficulties of the past year
The economic vice president, Nadia Calviño, assured this Thursday that a rate of 2,000 million euros in monthly calls for European funds has already been reached. And soon the time will come to inject into the economy the €84,000 million in loans approved by Brussels in its post-pandemic recovery plan for Spain.
For this, before the end of this month, Calviño will convene the financial sector to meet the social and economic actors in order to “channel” these 84,000 million allocated to Spain and “make better use of the funds”. “It is necessary to articulate how the loans can be accelerated in order to make the channeling of these funds to the real economy more efficient,” said the vice president after the meeting with the social agents in the ministry attended by the general secretary from UGT, Pepe. Alvarez; the chairman of Cepyme, Gerardo Cuerva; CEOE President Antonio Garamendi; and the general secretary of CC OO, Unai Sordo.
With the aim of accelerating the investments of the recovery plan, Calviño also assured that he will convene a meeting with the commissioners who lead the PERTE of each area, the strategic projects to which European funds go.
The funds will be the leverage on which the economic growth of 2023 is based, despite the “so complex environment” from an international point of view. “The stability of employment thanks to the labor reform is one of the pillars for maintaining consumption and economic activity,” said the minister.
In this sense, Calviño reiterated that “the best” for the country in the current context would be a “broad” income agreement and with a “multi-year” vision to give confidence to employees, businessmen and investors, despite the fact that the president of the employers have recently moved away from the possibility of achieving it after the “unilateral” decisions taken by the government, such as the latest increase in the minimum wage (SMI) -8% to place it at 1,080 euros per month-. But Calviño acknowledged that this issue was not raised at Thursday’s meeting.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
