Brussels approves the third cost of 6,000 million for Spain, however now faces the pension reform


Spain turns into the primary Member State to obtain a positive evaluation from the Commission This third cost was topic to the reform of the insolvency legislation, the modernization of the vocational coaching system, the prevention of tax evasion and fraud The third cost included the reform of the Social Security contribution system and pensions of self-employed employees

The European Commission has given the go-ahead this Friday for the disbursement to Spain of the third tranche of the Recovery and Resilience plan, endowed with 6,000 million euros, by concluding the required milestones and reforms, for which cause it should now face the measures to which is topic to the fourth cost, together with the reform of the pension system.

The passable analysis of the 29 milestones and reforms nonetheless wants the endorsement of the remainder of the Twenty-seven earlier than the cost could be made, in all probability in March. The 6,000 million will thus be added to the 31,036 million euros already obtained, together with the advance of 9,036 million and the 22,000 million of the primary two tranches.

In this manner, Spain turns into the primary Member State to obtain a positive analysis from the Commission to obtain the third disbursement of the ‘Next Generation EU’ funds, after having requested it final November.

With the validation of the third tranche, Brussels additionally considers closed the supervision of the milestone that requires having a computerized audit system, a dedication that was already thought of good with the primary disbursement however that was dedicated to particular surveillance to make sure its ” continued compliance”.

Community sources have identified that the commitments have now been applied, so there will probably be no extra follow-up linked to this particular milestone, quantity 173, though they add that every of the nationwide plans is topic to regulate procedures and audits supplied for by the regulation.

third disbursement

This third disbursement was topic to the reform of the insolvency legislation, the modernization of the skilled coaching system, the prevention of tax evasion and fraud, and included measures to advertise renewables, investments in sustainable transport or reinforcement of the well being system, in addition to the connection of inclusion insurance policies with the minimal revenue regime.

The entry into power of the reform of the Bankruptcy Law has contributed to this, which establishes a second probability process and introduces a particular process geared toward micro-SMEs that reduces the period and value of the identical and that will probably be processed totally by digital means.

In the academic discipline, one of many milestones consists of the entry into power of the Law on the Comprehensive Vocational Training System, whose goal is to control a regime {of professional} coaching and accompaniment able to responding flexibly to the pursuits and aspirations {of professional} qualification. of individuals all through their lives and the talents demanded by the brand new productive and sectoral wants.

On the opposite hand, with regard to pensions, the reform of the Social Security contribution system for self-employed employees has been carried out to step by step implement a brand new contribution system based mostly on actual revenue.

Specifically, the third cost included the reform of the Social Security contribution system and self-employed employees’ pensions, milestone 411. What the reform will do is step by step change till 2032 the contribution base of the self-employed in order that it based mostly in your precise revenue.

Budget management mission

The favorable analysis from Brussels comes a couple of days earlier than a delegation from the European Parliamentary Committee on Budgetary Control visits Madrid -between February 20 and 22- to guage the applying of the National Recovery and Resilience Plan of Spain, together with the milestones and goals and, particularly, the established administration, auditing and management methods.

The mission to Spain -the first nation to obtain a cost in 2021 and which has already obtained 31,000 million euros- will probably be made up of 10 MEPs, members of assorted political teams, six of whom are hooked up to Parliament’s Budgetary Control Committee Council, which after his return to Brussels will draw up a report on the matter.

Specifically, along with the president of the Europarliamentary fee, Monika Hohlmeier, who leads the delegation, a bunch of MEPs, largely Spanish: Isabel Benjumea (PP), Isabel García Muñoz and Eider Gardiazábal (PSOE), Eva María Poptcheva and Susana Solís (Cs), Ernest Urtasun (En Comú Podem) and Jorge Buxadé (Vox).

The scheduled agenda consists of conferences with the First Vice President and Minister of Economic Affairs, Nadia Calviño; the Minister of Finance, María Jesús Montero, and the Minister of Social Security, José Luis Escrivá, in addition to these liable for the Recovery Plan, the audit and anti-fraud workplaces, with regional councilors from Andalusia, Madrid, Castilla-La Mancha , Extremadura and Aragón and with totally different enterprise organizations, unions, banks and specialised journalists.