Eduardo González
The President of the Government, Pedro Sánchez, assured yesterday in Madrid the Commissioner for Economy of the European Commission, Paolo Gentiloni, that the Spanish Government is already working on a medium-term structural fiscal plan in accordance with the new EU fiscal rules, adopted on December 20 by the EU Ministers of Economy and Finance, within the framework of the last Spanish Presidency of the Council of the EU, and which established new rules for controlling the deficit and debt.
During the meeting, held at the La Moncloa Complex, Sánchez and Gentiloni highlighted the agreement on economic governance, reached by the 27 last December “under the Spanish Presidency” and that “fulfilled the mandate that the European leaders had expressed in the European Council to achieve it before the end of the year,” according to Moncloa in a press release.
The agreement, pending its ratification and entry into force after the principle of agreement reached between the European Parliament and the Council of the EU last February, “guarantees a gradual and sustained reduction of the deficit and debt with paths adapted to the characteristics of each Member State, a countercyclical economic policy, inclusive economic growth and the protection of investments in the green, digital, social and defense fields,” according to Moncloa.
In this context, the president informed Gentiloni that the Government is working on the General State Budgets for 2024 and explained, in this framework, that Spain “is already working on a medium-term structural fiscal plan in accordance with the new rules prosecutors.”
On the other hand, Sánchez assured that the Spanish economy grew the most in 2023, 2.5%, and that all forecasting organizations are revising growth forecasts for 2024 upwards, placing them around 2% of GDP. , “well above the average growth forecasts for the eurozone and the European Union as a whole.”
