The Minister of Economy, Trade and Business, Carlos’ bodyassured that there would be more phases of financial aid from the government in Valencia for DANA, so that it is not limited to the 10.6 billion euros of the first initial package.
“Beyond the quantity, the most important message is that this is a multi-phase plan that will not stay with this first response,” he guaranteed in an interview.
Financial aid for reconstruction
In this sense, he assured that there would be financial assistance for the reconstruction of the damage caused by DANA and also for the revival of the Valencian economy: “The question of what the final amount of financial aid will be, well here the answer is very simple, whatever is necessary.”
“We will continue to support with everything necessary,” he stressed, while estimating that this reconstruction could have a horizon of several years, literally.
Likewise, he stressed that, in his own words, it would not be understood that the Executive would support this reconstruction process. based on the law on royal decrees which are made for exceptional or emergency circumstances: “It is obvious that this must be articulated through budgets.”
900 million in financial aid
He indicated that this week they reached an agreement with the European Investment Bank (BEI) to increase the capacity of financing lines for Valencia in 900 millionand they applied for the Solidarity Fund.
After being questioned by the target of the 3% deficit engaged in Brussels, alluded to the uniqueexpenses that are not recurring and that “do not count when it comes to seeing whether or not you meet your deficit targets.”
Spanish GDP
Regarding the possible impact of the disaster on the Spanish GDP, he considered that it is still early to have an assessment of what it could be, although regarding the growth figure for the whole year “even with zero growth in the last quarter, annual GDP would grow by around 2.9%.
“We are confident that he can finish, even above the 2.7% Government forecasts”, he explained.
“Differential treatment” of energy
About making it permanent bank tax in the financial sector and not in the energy sector, defended that the strategic importance of the second justifies “differentiated treatment”.
“In the regulatory area, it is one of them, and here we have a huge need to promote the investments that we will continue to need,” he refuted, while estimating that with the tax on the financial sector they will be able to maintain its balanced impulse and with a fair contribution to the public accounts.
