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HomeLatest NewsBrussels threatens to fine Spain if the pension reform is not completed

Brussels threatens to fine Spain if the pension reform is not completed

Date: March 27, 2023 Time: 10:36:19

The European Commission has warned that it will not comply with the fundamental reforms of a recovery plan, as is the case with pensions in Spain, “it will cost a lot.” Meanwhile, the government led by Pedro Sánchez has continued to defend the rapid execution of its plans before the delegation of MEPs. “It will not comply with a fundamental reform of a (recovery) plan, it will cost a lot, as it should be”, community sources have assured when asked in particular about the pension reform in Spain, whose culmination was committed by the end of 2023 and takes almost two months late.

The community Executive has published this Tuesday a document that details the methodology that was solidified to approve partial payments to the Member States when it considers that some of the commitments that contemplate a disbursement have not been fully satisfied. In this case, the amount to be disbursed would be reduced for each non-compliance by an amount equal to the division of all the funds allocated by country between the total number of milestones and objectives of the plan, which in the case of Spain is 69,500 million between 415 milestones.

However, this penalty could be multiplied by five for those commitments “related to the entry into force of a reform or the final step for the implementation of a non-legislative reform.” The Minister of Inclusion, Social Security and Migration, José Luis Escrivá, was in Brussels on Monday, where he said that the Government is very close to finalizing the reform on which Spain depends on fully collecting the next tranche of the recovery fund, of 10,000 million euros, a payment that has not yet been requested, according to Efe.

This Tuesday afternoon in Madrid, Escrivá met with the members of the Budgetary Control Committee of the European Parliament who are visiting Spain this week to supervise the management of European funds, after the Minister of Finance did so in the morning, Maria Jesus Montero.

Montero defends the high execution of the funds

For his part, Montero explained that Spain, as the most advanced country in the execution of the funds, has already reached 75% of recognized obligations of all the resources budgeted for 2021 and 2022, and has highlighted that the use of these resources is It has been characterized by joint management with the autonomous communities and town halls.

During the press conference after the Council of Ministers, he said that he has the impression that the MEPs are “surprised” by the instruments put in place by the Government of Spain to improve the execution and control of European funds, which reinforce auditing, control and fraud prevention systems that allow conflicts of interest to be anticipated.

One of them is the comprehensive system for monitoring and managing milestones and objectives (CoFFEE) and the other, the system for detecting conflicts of interest ex ante through data mining (Minerva), two instruments that are proof of internal control. which are managed and which are also complemented by the training of more than 2,200 public employees who work with European funds.

ATA criticizes that the funds do not reach the self-employed

The president of ATA and vice president of the CEOE, Lorenzo Amor, has criticized that European funds are not reaching the business fabric, especially in the case of SMEs and the self-employed. “The self-employed did not receive the funds. Of the more than 3,300,000 self-employed, barely 5 out of 100 have requested the funds, they do not reach 170,000 self-employed and we must reach at least one million. Our goal is to improve and we must do it now “, has assured the vice president of ATA, Celia Ferrero, after meeting with the delegation of MEPs. As an example, she has given that the aid from the digital kit has only benefited 70,000 freelancers.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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