The third vice president of Economic Affairs,

Nadia Calviño,

has been unable this Thursday to specify the announcement on the eve of the President of the Government,

Pedro Sánchez,

of 11,000 million for tourism and restoration companies.

Despite repeated questions from different deputies and senators, the vice president has repeated Sánchez's ambiguous words 24 hours before, assuring that it will be a plan "to reinforce the solvency of companies, SMEs and the self-employed."

"We are seeing what measures would be necessary to act effectively," he

stated in the Joint Commission for the EU in the Cortes, feeding the idea that the announcement was a tactical improvisation by the Prime Minister.

Calviño has indicated that the objective is "to alleviate the financial burden of viable companies" and has not even confirmed an immediate calendar:

"I hope to present the plan in the month of March

.

"

Sánchez assured on Wednesday that he would be in "the next few weeks", but there may be more than six in full business clamor for injecting direct aid in the sectors hardest hit by the economic crisis.

Throughout five minutes of answering the block of parliamentary questions on 11,000 million,

Calviño has avoided mentioning the words "direct aid"

and has focused the project on combating "over-indebtedness" of companies, giving an idea that the 11,000 million They will focus on companies that have incurred debt in the last year which, according to the banks themselves, are not the ones that are currently experiencing the worst.

The vice president has also avoided confirming that she is considering

deductions in credits guaranteed

by the Official Credit Institute (ICO).

but it has admitted conversations with the Bank of Spain and the financial sector.

"We are working with the Bank of Spain and the financial sector to carry out the precise business solvency analysis."

He recalled that the measures can be taken by the Central Administration and by the autonomous communities and that he is aware

"that, as a result of the pandemic, there are freelancers, SMEs and companies that have incurred additional indebtedness

that, together with the fall in the activity, has generated a loss of equity, when previously they were viable businesses and in profitable sectors ".

"

From the Government we are going to articulate the necessary measures to avoid the deterioration of the assets of viable companies

that leads to the closure or represents a drag on investments and contracts", in line with what was announced by the president, but without going further.

In any case, Calviño has denied being behind the events.

"Problems must be addressed before they are unleashed (...) The government's line has always been to try to anticipate problems," he has come to affirm in parliament.

Regarding the workers in ERTE, he has confirmed that they are above those registered in January in February and has provided the figure of 864,000 currently.

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