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Economic reforms . The Government highlights that it has already approved 90% of the measures contemplated in the National Reform Plan, which are specified in: A) Fiscal consolidation . “This is one of the most ambitious fiscal consolidation processes carried out in Spain and in our environment in the European Union,” the Executive boasts. The figures are the following: the public deficit has been reduced, from 9.07% of GDP in 2011, to 6.5% of GDP in 2013, agreed with the EU for this year. In euros, the adjustment amounts to 27,000 million in two years. How has the Government reduced the deficit? Through four means: reduction of expenses and increase of budgetary income; commitment of territorial administrations to budgetary stability and responsibility in meeting deficit objectives; prosecution of fraudulent conduct with the Public Treasury and Social Security, particularly those derived from the underground economy; and incorporation of legal measures that reinforce the principle of budget stability and austerity and transparency in public management. B) Bank bailout . The Government calls it “financial stability.” The Spanish credit institutions that needed help received 41,300 euros, of the 100,000 million that had been planned. The Executive successfully concludes the restructuring and cleanup of the financial system. C) Structural reforms for competitiveness .
The measures that the Government has taken to improve the Spanish economy are: labor reform; pension reform; the reduction of public administrations; the reform of the energy sector (and, in particular, the electricity sector); environmental reforms; transport Phone Number List sector reforms; Justice reform; Market Unity Guarantee Law; and the Law of Deindexation of the Economy. Employment 2. Measures to create employment . The Government boasts of having supported small and medium-sized businesses, the self-employed and entrepreneurs. These sectors represent 85% of Spain's productive fabric. Moncloa also draws attention to its Entrepreneurship and Youth Employment Strategy. In less than a year, the Government highlights that almost 110,000 young people have found an opportunity for self-employment or employment in the country, thanks to some of the measures of this strategy. Every day, according to the Executive, more than 450 young people find a job. 3. Support measures for those most affected by the crisis. Rajoy's team also boasts of having supported the four sectors that are having the worst time today: the unemployed without unemployment protection, workers affected by company restructuring processes, mortgage debtors without resources, and clients of certain financial products ( “preferred shares”).
The approved measures have been: A) Extension of the Professional Requalification Program ( PREPARA ) for people who exhaust their unemployment protection. B) Royal Decree-Law (6/2013, of March 22) on protection of the holders of certain savings and investment products . C) Royal Decree establishing special rules for granting extraordinary aid to workers affected by company restructuring processes . D) Law 1/2013, of May 14, on measures to strengthen the protection of mortgage debtors , debt restructuring and social rent. 4) Political reforms and democratic regeneration. In this section, the Government includes three types of measures: A) Fight against corruption and improve transparency . The Democratic Regeneration Plan and the Transparency Law stand out. B) Political stability and institutional reforms . The Government highlights in this section the reform of the General Council of the Judiciary and the “response to the sovereignty challenge of the Generalitat of Catalonia”. In relation to Artur Mas' independence plan, Moncloa recalls that: -- The Government closely follows the political initiatives in the Autonomous Community of Catalonia regarding proposals made by institutions of the Generalitat that seek to go beyond the Spanish constitutional framework.
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