Fedea

economists

Marcel Jansen, Ignacio Conde-Ruiz and Diego Rodríguez have questioned this Thursday the measures implemented by the Government to face the impact of the war in Ukraine on the economy and, in particular, have criticized the

bonus of 20 cents per liter

generally approved for fuels.

They consider that this measure

should only focus on those sectors that need to consume fuel

, such as road transport,

or on vulnerable families

or with specific problems, but not indiscriminately, in line with what other institutions such as the Bank of Spain have requested. .

"

Spain is not a country that has a wide fiscal margin

. Even when we are growing at the economic potential, our structural deficit has increased. We are not able to pay what we consume or the benefits we give, we have

120% public debt

on GDP, spending on pensions is going to rise 3.5 points of GDP, spending on defense is going to double and spending on R&D is going to increase, there are going to be increases in education, we are going to have to face more spending due to aging in dependency and health... and

we are not Germany

", explained Conde-Ruiz.

The measure, in his opinion, supposes "

making a transfer, because we all pay for it, from those who do not use the car to those who use the car

" and it is

regressive

, since "the last deciles of income", that is to say the people with higher incomes, "concentrate a large percentage of spending on fuel".

The Fedea investigator also considers that

the Government will not achieve its objective

since by discounting the price it will increase demand and that, in turn, will cause a new increase in prices, an effect that EL MUNDO has already warned about.

"That's more financial resources for Russia to continue abusing and invading countries in an authoritarian way," he said.

They have also questioned whether the drop will be transferred to the consumer, since

part of it will be left to the intermediaries or producers

.

"At least 30% of the resources are going to be wasted," he pointed out.

"

I understand the measure from a political point of view,

but it doesn't seem to me like it's going in the right direction."

He also regretted that

it did not come into force at the same time it was announced.

"Tomorrow I don't know what will happen, but I predict that there will be queues in many places and the National Competition Commission has to be super on top because gas stations are supposed to be raising prices previously, while if it had come into force in the same moment that would not have happened".

Interventionism with dismissals

Marcel Jansen

, for his part, has questioned the ban on objective

dismissals

for economic reasons, "only one month after the labor reform was approved."

"

It does not seem correct to me that a month after approving the labor reform,

that in the first round the conditions that companies have to comply with are already tightened. It seems to me

excessive interventionism

. Prohibiting dismissals by decree is not the measure we need," he said. pointed out the economist.

He also believes that "the measures have to go to companies that were already healthy before, but we must share risks. We must avoid restricting aid and we must avoid job losses."

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  • GDP

  • Germany

  • THE WORLD

  • Russia

Growth The Bank of Spain warns of a "significant loss of GDP" due to the war, which will delay the recovery

CPI Inflation is vicious with the vulnerable and already subtracts 16,700 million of purchasing power from families

SalariosSánchez aligns himself with the CEOE and asks the unions for "an income pact" to avoid a spiral of inflation

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