Báñez replicates OECD has fallen somewhat quotes – La Voz de Galicia

Báñez replicates OECD has fallen somewhat quotes – La Voz de Galicia

The OECD has raised hackles with his latest report on the Spanish economy, and its critics are already legion.

In the ranks of the Government have not sat well the latest recommendations of the organization (VAT up again and down the social contributions). Since last Monday, the presentation of the document and in the presence of the Secretary General of the Organization, Angel Gurría, Luis de Guindos that Spain has dropped already made enough sacrifices. Yesterday it was the turn of the charge of Employment, Fatima Banez, who replied to the OECD that the government has already lowered prices “substantially.” Moreover, brandished the flat rate, criticized by the international organization, has generated nearly 400,000 new high in Social Security.

more palpable is the discomfort that prompts Gurría generated in unions. For UGT, the document of the organization on Spain, contains “many more mistakes than successes” and “OECD again err in their recommendations and their applause to the reforms of the PP government.” Among them, the labor market “has caused more unemployment and an alarming deterioration of working conditions.” In the union’s opinion, for citizens palpen the recovery of both the Executive speaks a radical change in economic policy in Europe and Spain needed. And that shift happens, among other things, open hand with the budget deficit, an investment plan at the European level, a “more fair and efficient ‘fiscal reform and reverse the labor reform of 2012.

‘failed Recipes »

For the Secretary General of CCOO, Ignacio Fernández Toxo, OECD insists on asking for the implementation of” failed recipes. ” So it required the organization to “come not to laugh at the people of a country that is suffering the effects of a crisis that caused them.”

Otherwise, claimed the Government to raise the minimum wage (SMI) so that for the remainder of term recovers the 5.8 percentage points of loss of purchasing power that has suffered during the crisis (2.2 points and 3.6 points PSOE with PP). That would mean that in two years would increase from the current 645.3 euros to 750 euros, reports Colpisa.

Boosting demand

Toxo stressed that the Government “must send a signal through the SMI” to recover wages purchasing power and become drivers of domestic demand. Currently only charge the SMI 238,000 people but it is a benchmark. Committees leader said that “wage devaluation” in Spain “has gone too far” and that is when they earn purchasing power.

The union also requires the Government to allocate part of the 5,000 million euros that will save this year in unemployment benefits spending by establishing a minimum income (75% of minimum wage) to reach 500,000 people reference 740,000 households without income there present day. This minimum income require resources of 2,500 million euros and would be linked to training commitments.

Toxo also warned that the global economic outlook is’ delicate ‘and must be’ changes profound guidance if you want to remove the danger of a third recession “, which eventually moved to Spain.

Spain, delayed

So, said that our country is usually two quarters of lagging behind Europe, which has allowed it to grow while other major economies have stagnated or fallen. To avoid this, he suggested that the European summit on October 6 measures to stimulate growth and not left alone to discuss the ECB in guiding economic policy.