Friday, September 30, 2016

Spain takes measures against paralysis executive – Confidential Colombia (press Release)

The inability to raise budgets and the need to meet the commitments of fiscal consolidation with Brussels requires specific measures with or without the support of other political forces.

“it Is a series of measures which seek to… what some have come to call operation to minimize damage,” said the vice-president-in-office, Soraya Sáenz de Santamaría, after announcing that they have already initiated talks with other political groups.

At a press conference after the council of ministers, Sáenz de Santamaría, announced the planned reform of corporation tax to try to increase the revenue at 8,000 million euros by the end of the year with the aim of tying the deficit targets committed with Brussels.

in Addition, said that they negotiate with other groups, a legislative amendment that allows power transfer to the autonomous communities and town councils the new deficit targets agreed with Brussels that, under the present conditions, may not be modified, despite the fact that Brussels approved a relaxation.

“We are looking to raise a proposition of law of modification of the organic law of budgetary stability that would allow a functioning government, and provided that the EU modify the path to fiscal, be able to bring it to the courts and to change it,” he said.

*With information from Reuters and Europa Press


LikeTweet

No comments:

Post a Comment