The Government will default the deficit limit of 0.7% set for 2015 – The País.com (Spain)

The Government will default the deficit limit of 0.7% set for 2015 – The País.com (Spain)

More conversation with the vice president and the directors Joana Ortega Francesc Homs, Andreu Mas-Colell and Irene Rigau in the Paralement. / ALBERT GARCIA

The decision is taken: Cataluña not meet the deficit target set by the Ministry of Finance for 2015 set at 0.7% of GDP. Artur Mas announced yesterday in Parliament that his government will not abide this limit because the financial situation of his administration would not give more than if despite the colossal adjustments has made since coming to power. In his speech, the President recalled that the Catalan Generalitat has cut spending by 4,000 million and will not follow that path because it would jeopardize the quality of services of the welfare state. The move opens up another flank with La Moncloa considered essential to abide by the limit.

“We can not meet the deficits imposed on us and wonder what else we can do. I repeat: we have done it all and now we can only explain the situation and report it with energy, transparency and conviction, “said Mas, who described the magnitude of effort with these words:” They have been titanic, politically very hard and very ungrateful ” . The strategy represents a 180 degree turn to the measures applied by the Catalan government in 2010 that was shown as an enthusiastic student of the austerity policies

Catalan government believes has bottomed and may not apply more settings

But recited all draconian adjustments such as reducing the political structure of the Generalitat, wage cuts of 200,000 public employees,. higher taxes and cuts stoppage These projects have resulted from a deficit of 4.6% to 2% but not enough to give 0.7% and More not cross the threshold. “Objectives are arbitrary and unfair,” he complained. One of the first decisions will be to return a bonus to civil servants in 2015 did not explain how the accounts will square but the economics department negotiates with Finance income increased as a preview of the 2015 Competitiveness Fund, the other funding system or the central government will allocate part of their increased income in VAT. More needs to scale them final but not cut the deficit and fails for one reason: the Autonomous Liquidity Fund (FLA) covers their games to the limit of 0.7% but the rest must fund each region

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the face of this thesis, the Popular Party said yesterday that the central government has injected Catalonia 40,000 million in the FLA. And yesterday, the Treasury announced that the Government have additional 1744 million bailout fund to 2015

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Treasury will inject additional 1.744 million in respect of the FLA

But he cited social progress and aid in scholarships room but, instead, omitted the impact of cuts like closing theaters in summer; adjustments in education or little “sensitivity” as ERC, which was with the citizens unemployed said. Your balance optimism conveyed basically arguing that the Catalan economy emits signs of improvement: for the first time in seven years has changed dynamically and begins to create jobs instead of destroying it. And he did not forget to emphasize that the export and tourism in Catalonia accounts for 25% of all statewide. The debate was overlapped with the declaration of Jordi Pujol Ferrusola in the High Court but not Mas quoted his mentor even once. Only highlighted his final commitment to fight corruption and yesterday the NGO Transparency International Government yesterday gave his full marks.