The Minister of Economy, Carlos Body, proposes a reform of governance in the European Union to reduce the execution times of measures, which currently last more than a year and a half. This was stated by the head of Economy at the closing of a conference of EY Insights, the Real Instituto Elcano and the CEOE during which the report “The Spanish company before the “European strategic autonomy”, where he defended the Laboratory’s proposal presented as the European Competitiveness Program. a week ago at Ecofin as a measure that would help develop projects of ‘on day one and don’t wait 19 months’ until member states reach an agreement.
“Can establish a minimum group of three Member Statess, which others could join at any time, express their interest in launching a new project with a positive impact on competitiveness or European integration. The Commission goes hand in hand and will be responsible for carrying out an evaluation of these projects,” he detailed about the proposal.
At the close of the event, led by the minister, Corps also called for action on the financing gap that exists in the EU, with a financing need of five points of the European gross domestic product (GDP) compared to to a budget that reaches only 1.1% of GDP. To do this, it was indicated that mobilize private financing, but also mobilize public resources, both at national and European level. “At the national level, we must continue this commitment to invest in investment as a factor of long-term growth (…) and at the European level, make the most of our European financial institutions, but also consider, of course , “This will be the size that the joint financing element will have, once the ‘Next Generation’ is completed,” he explained.
On the other hand, Corps also once again defended the Diet 20a measure with which the “Letta Report” aims to adapt the “Letta Report” to the Spanish reality, to put an end to the fragmentation of the internal market and to reduce the administrative chains that Spanish companies face.
Finally, Corpus insisted on the need to create a manager using Artificial Intelligence (AI), with the aim of saving tasks in SMEs and companies and liberalizing the deadlines that companies could use to reduce the time of work or move towards conciliation. “The idea is, once again, very simple, it is to create an artificial manager with a simple interaction which allows individualized treatment, which reduces time, which reduces the cost and effort of these administrative procedures, freeing up hours,” he said.
