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Brussels suspenses 1.1 billion funds for the restoration of Spain, 626 for the punishment of the interval

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The European Commission will suspend the payment of 626 million euros for the restoration of Spain’s punishment in a period of time. The decision was reported at the same time that the partial payment of the fifth payment, in which Brussels retains another 500 million euros for violation of two reforms: diesel tax and digitalization of local organizations. In total, about 1100 million euros, which Brussels can enter the Spanish long treasury, will be frozen later if reforms are carried out.

In the event of a period of time, the European commission led to obligations in 2021, but subsequent sentences of the EU court against Spain policy regarding the interval (for abuse of the internal part and insufficiency of compensation) prompted the Government of the community to give it to the violation. Thus, these 626 million euros will be deducted if the situation is not resolved.

“The government is working to adapt the correspondence of the milestones 144 to the decision of the court on temporary activities in state employment,” – sources of the Ministry of Public Forms on measures required by the European Commission, whose changes are processed in the draft organic law on reform of judicial and financial reform and through amendments to the law on state administration of public administration.

In parallel with this decision, the European commission provided green light with the fifth payment of recovery. As last year with the fourth payment, in this case it will be partially for violation of two reforms. One of them is associated with green taxation in the face of inability to fulfill a diesel evening tax. Another inconvenience that Brussels finds is associated with investments in the digitalization of regional and local organizations with which Spain promised ordinary citizens to the administration service. Spain will now have an “extra time” so that you can fulfill the milestones and get these preserving money.

“Technical groups of commissions and Spain continue to work in accordance with the agreed methods in order to complete their verification in the coming months. On the one hand, a change in diesel fuel taxation is expected. It should be remembered that the withdrawal of tax bonuses diesel PNV.

“A complete check of milestones regarding the digitalization of regional and local organizations also remains considered. The main part of the milestone is performed, although the commission asked for more time to continue to work in the analysis of part of the evidence presented in order to be able to evaluate full compliance, ”adds treasures.

Spain will receive 22,926 million euros (6,991 million. Corresponds to direct transfers and 15,935 million to loans). Thus, a negative assessment of these two stages implies the retention of about one billion euros originally planned 23.9 billion. In addition, the European Commission distributes 137 million, which were frozen in the fourth payment for the program for digital transformation of the SME, which was not completed then.

With this new payment, Spain will already receive about 55,000 million euros as a result of transfers, which is 70% of the total planned, according to the calculations of the farm. And for the first time, loans were paid (at the cost of 15,935 million), in addition to the initial prefinance.

Brussels insists that the member states carry out reforms provided for in plans to restore the pandemic, since the deadline for obtaining funds ends in August 2026, and there are huge amounts of money without payment.

In fact, the European commission made the conditions for the recovery plans more flexible, because 35%were only paid. The EU countries invested only 232,000 from the planned 648,000 million million.

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