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March 14, 2022
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Pedro Sánchez promises a tax reduction and more defense spending without specifying

Pedro Sánchez promises a tax reduction and more defense spending without specifying

Updated

The president insists that “Putin’s feet must be stopped” and announces more arms shipments

Pedro Snchez, yesterday at the Conference of Presidents of La Palma.

There will be a tax cut to deal with the economic consequences of the invasion of Ukraine, but we will have to wait. The president of government did not want to anticipate tonight in the interview he gave to La Sexta, any concrete measure and referred to the Minister council of next March 29 that will approve the National shock plan to minimize the repercussions of the war in the Spanish economy. There will also be, he said, an increase in defense spending, but also in this case we will have to wait. At least until, after the summer, the next project of Budgets. According to Sánchez, defense spending in Spain it is now 1.4% of GDP, however, experts barely put it at 1.2.

Sánchez insisted that what must be avoided now and by all means is a third world war and for this reason, he said, it is convenient to measure words and act united in the condemnation, in solidarity and in the forcefulness of sanctions. However, he did not rule out this dramatic possibility in view of the proximity of the Russian aggressor to the borders of the territory NATO and of the EU. The expansionist desire moscow it’s there, he stressed, we’re at a defining moment.

We have to stop the war and that implies stopping the feet of Putin, he stated before emphasizing the need to supply humanitarian aid as well as defensive and offensive material to Ukraine. We don’t know which country is going to be next, he said. Despite this, he did not want to anticipate what Spain would do in the event that Moscow attacked a member of the Atlantic Alliance although I do assure that we are bound by the article 5 the Atlantic Treaty and for him 47 the EU Treaty to show solidarity with any member country that is attacked. For now, he did guarantee that Spain would continue to send weapons to the Ukrainian resistance but not troops.

Sánchez justified his change of opinion in a matter of hours regarding the shipment of weapons by clinging to the example of other nations that are also changing their position: USA about Venezuela or Iran or Switzerland setting aside its historical neutrality. The president believes he has the majority support of Spanish society, although not that of members of his government belonging to United We Can who maintain a position, in their opinion, wrong. According to Sánchez, the Ukrainian resistance receives the Spanish weapons with tears of gratitude.

The president also announced having requisitioned this Monday in the Barcelona’s port a super yacht belonging to a Russian oligarch he did not identify.

To deal with the economic consequences of the war, the president put two dates on the table. The first, on March 24 and 25, when the European Council and addresses the possibility of modifying the formation of energy prices by intervening in the price of gas. The second, to be on March 29 when the Minister council approve the shock plan to deal with the economic repercussions in Spain. Until then, the entire government, he said, will dedicate itself to dialoguing with the social agents and the Autonomous Communities while it itself carries out a tour of capitals in search of a closed support for the proposal to intervene in energy prices. We will do everything in our power to mitigate the consequences of the war and that the distribution of the load is fair, he affirmed.

In the national plan there will be tax cuts, he assured, but he did not specify any of them. Sánchez hopes that this roadmap will receive broad support from the Chamber. If we are united around condemnation, we must also be united in responding to this crisis. We must not allow this energy blackmail that Putin imposes on the EU, he stressed.

He assured that the tax reduction measures that have already been adopted will cost the State between 10,000 and 12,000 million euros. They will be sales, he said, that will be maintained and to which new ones will be added that he did not specify last night. At this point, he called the leader’s statement a joke. in chest of the PP, Alberto Nez Feijofor whom the state is lining up thanks to the runaway increase in fuel and electricity prices.

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