The Decree Act, which was in force since the publication in April, is considering the first measures of the Commercial War Response Plan and is mainly a first liquidity injection of 7720 million euros through guarantees and credits.
The congress of representatives has the Royal Decree Law on Thursday with validated Measures to alleviate the consequences of rates Announced by the administration of Donald Trump, which includes a financial support plan of more than 14 billion euros.
The Decree Act has emerged with a majority of 176 votes In favor (the Investment partners, except podemos), 169 Against (pp and vox) and four abstentions (podemos).
The rule, which was in force since the publication in April in the absence of the congress, considers the first measures of the Respon Plan for Commercial War and is mainly a first liquidity injection of 7720 million euros through guarantees and credits.
A line of ICO guarantees of 5000 million is also included until 30 June 2026 to meet the liquidity needs of the affected companies and to support possible processes of industrial recapture in entities with a substantial, direct or indirect exposure to the US market.
The Minister of Economy, Carlos BodyHas been in charge of defending the commercial answer and are the plan that is designed to reduce the impact of rates, a “necessary” and “in building plan” that responds to the needs of companies and adapts to a “uncertainty” environment. The Royal Decree Act that has been validated today. According to the minister, the congress implies a first layer of this plan, “a starting point that is needed and will adjust and supplement itself, in a changing environment of enormous uncertainty.”
MuscleLike all investment partners except CanWhat remembered that it is not a response to Trump’s tariff war, but only a “management” of its consequences for the most affected companies without “difficult”. Eh bildu He has considered that help should be subject to the maintenance of employment and the non -disocinalization of companies, while the PNV He emphasized that the plan helps “to kiss the coup” from rates for companies and employment, and ensures his claim that it also helps companies to influence indirectly.
Source: EITB
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