• Report. Spain will need this year bailout and European aid for 150,000 million

The Minister of Foreign Affairs, Arancha González Laya, has acknowledged in an interview on Cadena SER that "Spain has a clear idea" as it does not "deny the conditionality" of aid, associated with the Rescue Fund that is negotiating with the EU to mitigate the economic impact of coronavirus in the Member States.

These statements contrast with those recently made by the Prime Minister and other members of the cabinet. Sánchez referred to the rescue as "a precautionary line without conditionality" on July 8 and Vice President Maria Jesús Montero went further by asking the PP to defend "that there is no conditionality in the delivery of funds."

The foreign minister has also called not to caricature the so-called frugal countries in the north and the "spenders" in the south. He affirms that Spain, in addition to accepting conditionality, which has quite clear ideas: all of Spanish society will have to put their effort into a recovery plan, which would be like the "basis of contract between Spain and the EU", seeking a great consensus between the government, the autonomous communities, employers, unions and "of course, all political forces."

"What we do want is for that to have a framework that offers confidence, clarity, and transparency," said Laya regarding the aid.

Lastly, he recalled that at the moment there is "a kind of foundational moment" at stake for the EU . It justifies the difficulty of the negotiation to several factors: the budgets will be the first without the United Kingdom in the European Union, they will have a rescue fund with transfers and loans, and the geopolitical problems caused by the confrontation between the United States and China.

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  • Spain
  • European Union
  • Arancha González Laya

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