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Sanchez now justifies the tax on the bank for the salaries of its managers

Date: May 31, 2023 Time: 21:09:40

Pedro Sánchez considers it “common sense” to ask Spanish banks to make a greater effort through the new temporary tax on financial institutions, given the latest data published by the European Banking Authority, “which places Spain as the place where the managers with the highest salaries in the EU”.

“The data from the European Banking Authority place the Spanish banks as the place where the bulk of the managers with the highest salaries in all of Europe are concentrated, I think it is pure common sense to ask them for a greater effort with the creation of the tax on large companies financial entities”, said the president this Tuesday during his first appearance this year before the Congress of Deputies.

This was explained by the President of the Government, who appeared in plenary session after the Royal Decree Law was validated with the latest Government measures to combat the high rise caused by the war in Ukraine, including the elimination or reduction of VAT in certain staple foods. During his speech, Sánchez gave an account of the agreements adopted at the European Councils held in October and December, as well as the measures adopted to deal with the consequences of the war that Russia has unleashed.

Spain will recover its pre-pandemic GDP “soon”

Pedro Sánchez has placed special emphasis on the effectiveness of the economic measures, which will allow Spain to recover its pre-pandemic GDP “soon”. A recovery will be given before “the prophets of the apocalypse, who speak of what never comes.” “With the social response that we have given in the three very complex years, in two, we have recovered the level of employment prior to the pandemic, and soon we will recover GDP levels, and inequality has not warned as it did during the financial crisis.

In relation to the measures promoted by the United States against climate change, Sánchez has defended that “Spain wants to decouple the price of renewable energy from the price of gas.” “We are working for an agreement to remove European products from US protectionist clauses. Europe must react to protect its interests and improve European industrial resilience,” she argued.

Spain must “give battles in Brussels”

The President of the Government has indicated that Spain “must fight battles in Brussels and win them”. Along these lines, he has ensured that the Executive “exports solutions in the environment such as the energy and price crisis for all the countries of the European Union.”

During his speech, Pedro Sánchez advocated reinforcing Spain’s role in strategic sectors. “The prosperity of our society cannot depend on any autocracy. It is right that strategic autonomy is one of the priorities of Spanish politics in the second semester. We are going to work to reinforce our autonomy in strategic sectors”, he explained.

On the other hand, Sánchez has been forceful, assuring that the Government “does not shake its legs for defending rights.” “Today many governments accompany us to protect the social majority of our country. The rights won are not questioned,” he concluded.

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

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