This is the 'ghost report' from the Lawyer with which Montero responds to the PP's veto and accelerates the Budgets | EUROtoday

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María Jesús Montero already warned in December, after the Fiscal and Financial Policy Council: she already had the important thing to beat the PP's veto within the Senate to its path of deficit. And though the favored ranks didn’t imagine it and even acknowledged that it was a ghost report, the fact is that the Lawyer's doc is evident and, certainly, permits the Minister of Finance to speed up the General State Budgets for 2024.

“Nothing indicates the precept in the event that this second Agreement of the Council of Ministers is rejected by the Congress or the Senate. Therefore, it must be understood that in the event that this new stability objective is rejected, the Government may present a bill for the General State Budget in accordance with the latest approved stability objectives“, factors out from the Lawyer's doc to which EL MUNDO has had entry.

And he insists: “With regard to the purpose of this report, the State Administration will comply with the constitutional mandate by preparing a bill for the General State Budgets appropriate to the objectives of stability and public debt.” contained within the stability program“.

That object that is pointed out is the question that Montero transferred to the Lawyer about how to act to formulate Budgets if, indeed, the PP vetoed the deficit objective in the Senate using its absolute majority. In a normal situation, the Government would simply have had to resort to the objectives of the previous accounts. But given the suspension of European fiscal rules as a consequence of Covid first and the price crisis later, these rules were suspended, so that there were no objectives as such.

The PP wanted to use this vacuum to prevent new Budgets from being approved and even bring down the Executive. But Montero went ahead, and consulted “the way in which to proceed to conform in 2024 with the reactivation of fiscal guidelines, after the deactivation of the European safeguard clause.

And the result’s that the Treasury will have the ability to put together the subsequent accounts with the deficit path that the Government outlined within the Stability Plan. In that doc that I despatched to Brussels final spring, there are figures which might be one tenth extra restrictive for the communitiesa warning that Montero has issued on quite a few events to the PP to attempt to keep away from its veto within the Senate.

The PP, nonetheless, has at all times refused to provide its help to Montero and, as has already been famous, questioned whether or not the Lawyer's report actually existed. Already in February he rejected the targets for the primary time within the Senate and Today he did it once more, however with out energy stop Montero from accelerating the preparation of Budgets. So a lot so, that regional councilors are already being summoned to be told of price range updates.


https://www.elmundo.es/economia/macroeconomia/2024/03/06/65e83e78fc6c83973b8b4570.html