Calviño assures bank tax details will be known next week

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The new tax will be processed through Parliament so that the political groups can make improvements to the text.

Euskaraz irakurri: Bankuei ordaindu beharreko zergaren xehetasunak datosrren astean jakingo direla esan du Calviñok

First Vice President and Minister of Economy and Digital Transformation, Nadia Calviño, announced that the new bank tax will be approved through account which will be negotiated with the political groups and whose details will be announced next weekbefore the end of July.

In this way, the new tax will have a parliamentary procedure to include “the most appropriate improvements” to achieve the collection target, without negatively affecting credit or citizensas Calviño revealed after the meeting with the banking employers AEB, CECA and Unacc, the main Spanish financial entities and the Governor and Vice-Governor of the Bank of Spain, Pablo Hernández de Cos and Margarita Delgado.

The first vice president has assured the industry that this tax is “the right decision” to divide “the efforts” what do they mean impact of war and of the high inflation.

The tax, announced last week by the president of the government of Spain, Pedro Sánchez, in the debate on the state of the nation, will be extraordinary and temporary and aims to raise 1.5 billion euros a year. Initially, the rate would apply for two years.

Calviño pointed out that the meeting was also intended to address with the financial sector the uncertainties facing the Spanish and global economy, as well as the rate hike announced yesterday by the European Central Bank (ECB).

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Source: EITB

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