The Basque government will ask to extend the debt by 1,000 million in the next committee of the concert

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The aim of this expansion would be “counterweight to mobilize private capital and to take advantage of the current global situation as an opportunity for the Basque industrial sector to be a pointer in the EU”.

The Minister of Finance and Finance of the Basque Government, Noël d’Anjou, has announced that he will request an extension of the Basque debt for an amount of 1,000 million euros in the next mixed committee of the Economic Concert, which will be held before Easter.

The purpose of this expansion would be to be ” Mobilize private capital And take advantage of the current global situation as an opportunity for the Basque industrial sector to be a pointer in the EU, “as he exposed during his speech Europe Tribuna Euskadi.

The principle of agreement was reached in this meeting so that the Remove debts To the autonomous communities of the common regime, raised by the Government of Spain, “does not imply a greater contribution from Euskadi to the financing of the joint debt of the State.”

D’Anjou has also made progress that the Basque government will send to parliament before the end of April is the bill that is provided with 1 billion euros of extra capacity for the Basque Institute for FinanceWithin the framework of the new Basque Financial Alliance Initiative, so that this public investment “at least” 3,000 million euros in capital and private savings mobilizes.

He has “not” criticized that only 1 % of the savings of Basque citizens through the EPSV (Voluntary social prediction entities) “are invested in the country”, and on the fiscal assessment of the three Basque deputations he has assured that “it is competitive for companies”, despite the criticism of the Basque employer Confebrask.

Source: EITB

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