“I don’t understand why Spain has rejected 60,000 million euros of Next Generation funds”
The economic analyst Marc Vidal He expressed his surprise in an intervention on Cadena Cope at Spain’s decision to return 60,000 million euros of Next Generation funds.
In his ‘Emergency Exit’ space on Carlos Herrera’s program, Vidal recalled that these funds are Europe’s response to the systemic recession caused by the pandemicwith the aim of financing recovery and correcting structural failures.
Vidal says that the decision of the Government of Pedro Sánchez is a “resignation, as less paradoxical” and not an act of “fiscal responsibility”, as the Executive defends.
He too youtuber and collaborator of Iker Jimenez argued that “without investment there is no productivity, Without productivity, salaries do not rise. and without salary improvement, since the social insolvency that we experience today is amplified.
Vidal believes that instead of returning them, this money could “leverage private funds, lower the cost of capital and generate qualified employment by improving salaries.” The analyst criticizes that, while these funds are renounced, the State continues to go into debt to “cover current expenses.”
The analyst wonders if the decision is due to the “incapacity of our government to implement projects with that capital, which would be even more serious.
