European funds: To Brussels, flat?
- Much of the public believes that the European Next Generation EU Funds will not be returned and will not have any consideration to get out of the crisis of the pandemic. Well, no.
Firstly, the Spanish State will have to repay 100,000 of the EUR 140 billion it will receive if the appropriations are added to the corresponding part of the transfer programme – the French State will receive EUR 40 billion, but in this case they will be direct aid. Secondly, these funds will only be granted if the reduction policies established by the European Union, in particular in the field of labour, social and fiscal matters, are complied with. That is where the labour, tax and pension reforms are.
"Spain has stood before Brussels in tax, labour and pension reforms," we were told recently in the Spanish media. That will have to be seen. How far will it withstand the pressure of the EU’s neo-liberal and capitalist policy? It was very doubtful.
That is why the leftist parties, including the nationalists, have a great responsibility, and Basque Country to the capital, Planto! listen and apply what members of the group say: "The neoliberal logic of plans that have to do with European funds must be put into duda.Afrontaremos this logic. (…) Entering the debate on the fate of the funds, beyond the essence of the funds, is a trap, and we will not fall into it.”
It is clear that only a small part of the funds will be earmarked for dealing with the consequences of the health, economic and social crisis. Let us be clear, as the ELA syndicate says, "they are actually designed to finance large transnational projects, such as Petronor, Repsol and Iberdrola." That's the new green capitalism.
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