The Diplomat
The President of the Government, Pedro Sánchez, announced yesterday that the Executive will present in “a few days” to the European Commission the Recovery, Transformation and Resilience Plan to overcome the economic crisis generated by the COVID-19 pandemic.
Sánchez made this announcement during the opening of the Wake Up, Spain economic forum, a symposium organized by the newspaper El Español at the Casa de América headquarters in Madrid to analyze the Recovery, Transformation and Resilience Plan with different personalities from the world of economics and politics.
During his speech, the Chief Executive assured that the pace of vaccination in Spain is accelerating and that this very week there will be more people vaccinated with the two doses than people infected with COVID-19 in our country. “The economic recovery will occur at the pace of vaccination. The faster we vaccinate, the faster we will recover, and we are already achieving this”, he added.
Likewise, Pedro Sánchez assured that “in a few days” the Government’s Recovery, Transformation and Resilience Plan will be “transferred to the European Commission”, which will define the management in our country of the extraordinary funds of the Next Generation EU community mechanism and which will mean the arrival of 140,000 million euros in transfers and credits for Spain in the period 2021-2026.
With this objective, he said, today, after the Council of Ministers, the Interministerial Commission of the Recovery Plan will meet to analyze the document and the President of the Government himself will appear tomorrow in the Congress of Deputies, at his own request, to present in detail the main lines of a plan that, he explained, establishes four axes of transformation: ecological, digital, social and territorial cohesion and gender equality.
On the other hand, Pedro Sánchez received yesterday a representation of the governing board of the American Chamber of Commerce in Spain, AmChamSpain, with whom he addressed the potential of the Spanish economy to attract investment, digitization and the ecological transition, public-private collaboration and the strengthening of the link with the new Administration of Joe Biden.
The meeting was also attended by the Second Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño. AmChamSpain was represented by its president, Jaime Malet, and around twenty board members, including the heads in Spain of Bank of America, McKinsey, HP, Walt Disney, MSD, Blackstone, Facebook, Coca-Cola, Morgan Stanley, Citi, Banco Santander, Microsoft, Hotusa, IBM, American Express, Gilead, Pfizer, Atlantic Copper and Costco Wholesale, according to Moncloa.
