Economy invites communities to define how Calvino’s 20 billion EIB fund will work

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Economy invites communities to define how Calvino’s 20 billion EIB fund will work

Govt Next Wednesday, June 19, the autonomous communities have been invited, will detail how the €20 billion regional resilience fund will be used from Next Generation, managed by the European Investment Bank (EIB) led by former vice-president Nadia Calvino. The Finance Ministry has invited the sector’s advisers within the framework of the Recovery, Transformation and Resilience (PRTR) Sectoral Conference, although it will attend the meeting on behalf of Economy Minister Carlos Badi. Administrator.

Sources from the economy, finance and European funds of the Junta de Andalucia (PP) have expressed their discomfort to ‘La Información’ that he is the corps – like his predecessor Calvino – and not the first vice-president. María Jesús Montero, attends to the event, but also to the “forms” surrounding this invitation. They recall that the aforesaid departmental conference It has not met since August 2021 and is required to do so at least once every year by regulation In a normal session.

They regret that the call was made three business days early (Treasury sent it on Friday) and five calendar days before the regulation required it to be done. At least ten days beforeIf it is not of an urgent nature – and is not duly justified by the issues to be resolved – in this case the period may be reduced to three days.

“In this case, it is not mentioned that it is an extraordinary and urgent plenary session, and the only point on the agenda does not justify the urgency: Recovery, transition and resilience plan: information on the functioning of resilience financial autonomy” , maintain the same sources.

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The problem with being assembled in a very short time Prevents autonomies from demanding that new items be added to the agenda, under Article 12.5 of the Regulations of the Sectoral Convention. As established in section 12.1 of the regulations, the appointment is not accompanied by documents related to the points to be discussed, which makes it impossible for regional administrators to read it with the strict and advance notice they require, they criticize.

“Once again, the central government is excluding the autonomous communities from PRTR governance and decision-making and imposing on us decisions that have already been taken,” lamented the sources. They say even when the government sent the plan to the European Commission in April 2021 It no longer has autonomy. Later, 84,000 million loans were unclaimed and the claim was finally attached to the admission. When it was sent to Brussels two years later, in the summer of 2023, those parts were not included, they say.

“We have repeatedly requested the government to participate in the design and management of the project, and again and again Impose measures designed behind autonomies“, they regret from the Andalusian ministry. At the beginning of the month Carlos Corpus already announced that in these meetings the final decision on the structure of the fund will be addressed and the next steps will be taken.

The body says it is in “continuous dialogue” with the CCAA

The minister assured that the central executive is in “constant dialogue” with the autonomies, informing them of the state of affairs and incorporating “all their views and concerns” as much as possible.

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As part of the additional framework for the recovery plan, an autonomous resilience financing instrument of up to 20 billion euros is designed to be managed by the European Investment Banking Group (EIB). The aim will be to finance sustainable investments at the regional level. If all public administrations must adhere to the targets set by the new financial rules, funding will be provided with “objective criteria” that ensure the financial stability of the regions.

Investments can range from social and affordable housing to urban regeneration; sustainable transport; industrial and SME competitiveness; as well as other areas such as research, development and innovation; Sustainable tourism or energy transition, among others. To do this, autonomies make a choice Financing at lower interest rates and longer repayment terms than those obtained by the Treasury.

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