Podemos announces an agreement with the PSOE to approve the budget package

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The agreement aims to promote a bill that includes a tax on energy companies, for which a negotiating committee will be created in the coming days with the participation of all parties.

Can announced on Thursday a agree the PSOE to support the Spanish government’s budget package, which will allow it to make progress in the to vote scheduled for this afternoon in the Congress of Deputies.

As the purple formation explained in its Telegram account, the agreement plans to promote a bill that would create a tax on energy companiesfor which a negotiating committee will be established with the participation of all games in the coming days.

In this way the Spanish government guarantees the approval of the budget packagewhich originally consisted of a new global minimum tax of 15% on multinational corporations and to which other taxes were added, and which already had the support of the entire investiture block.

“The agreement represents the commitment of the PSOE and Podemos to promote a new bill that includes a tax on energy companies,” reads the purple party’s statement.

Agreement in extremis

After seven hours of negotiations and at the stroke of 1 a.m., last Tuesday the Spanish government succeeded in saving in the Financial Committee of Congress the law regulating the minimum rate for multinationals (mandatory compliance in the European Union) and part of its budget package, whereby the executive commits to issue a royal decree to extend the tax on large energy companies for another year. This agreement was agreed in extremis by the PSOE with EH Bildu, ERC and BNG, and also includes an increase in the bank tax.

The three groups said in a joint statement that the bank tax will be agreed with the Basque and provincial treasuries, as the Spanish government had agreed with the PNV.

Once the process in committee is completed, the tax reform will reach the plenary session of Congress next Thursday.

Source: EITB

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