Debate on the State of the Nation July 12, 2022, Sánchez announces taxes for energy companies and banks

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In addition, it has announced that they will fund 100% of the travel subscriptions operated by RENFE. The president of the Spanish government has said that the “big challenge for Spain today is inflation”.

The President of the Spanish Government, Pedro Sánchez, has announced that excise duties aimed at the profits of energy companiesas well as another exceptional tax aimed at financial entities.

The government of Spain has calculated that it will collect 2 billion a yearfor two years (2023 and 2024), for the tax targeting the profits of companies in the electricity, gas and oil sectors.

Through the tax on financial entities, which “already benefit from the rate increase”, Sánchez has indicated that it is trying to collect 1.5 billion per yearfor two years.

On the other hand, one of the measures announced by Pedro Sánchez is the financing of the rail public transport sector. For example, it has indicated that they will fund 100% of the Passes for travel operated by RENFEthat is, suburban, rodalíes and medium-distance.

At the beginning of his speech in the debate on the state of the nation, Sánchez said that the “Spain’s big challenge today is inflation“, a “serious disease of the economy”, which “impoverishes everyone and falls prey to the most vulnerable”.

He then referred to the Russian invasion of Ukraine, calling for solidarity and emphasizing that “Spain is a pacifist country”, but that “peace does not come alone”. “There can be no equal distance,” he assured. So, according to Sánchez, “the price to pay” is inflation.

“The situation will not be solved overnight,” added Sánchez, “no one can do it overnight”. “Let’s listen to the experts, as we did with covid,” he asked those in the conference room.

Today started in the Congress of Deputies the State of the Nation Debatea wide-ranging debate in which all the issues that the political agenda of the Spanish Executive, and also takes stock of the done Until now.

The last debate took place in 2015, with Mariano Rajoy as Spanish president and Pedro Sánchez himself as head of the opposition. The first took place in 1983 and since then a total of 25 such debates have been held on an annual basis, excluding the years when general elections have been called or several months have passed since the last one.

Dynamics of the debate

The development of the plenary session generally takes three days: the first two for the debate itself and the last for processing the resolution proposals.

Once Sánchez’s presentation is over, the session is interrupted until 4 pm, when the intervention of the parliamentary groups begins, from high to low. In this phase, each group has 30 minutes to speak, after which the Spanish President can respond (no time limit). Then there would be a 10 minute response time, the government response, a 5 minute rejoinder and the last response from the Spanish government.

Group turns are as follows: Popular Party, Vox, United-We Can, ERC, Plural Group, Cs, PNV, EH Bildu, Mixed Group and finally the PSOE Alberto Núñez Feijóo will be present, but he will not be able to intervene because he has no substitute.

Once the debate is over, a period opens for political groups to table proposals for resolutions, with a maximum of 15 per group. For example, the Table will meet on Thursday to allow these 150 proposals for processing, which will ultimately go to one vote.

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Source: EITB

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