The EU Court of Auditors warns: the Government's Recovery Plan does not meet to sustain pensions

The Court of Auditors of the European Union warns in a special report that of "deficiencies and risks" in the recovery plans of, among others, Spain, despite the fact that it stands out in receiving European funds.

In the Spanish case, he criticizes that it addresses "only partially" the problem of the sustainability of pensions and shares with the European Commission that "the reform of the pension system could increase spending on pensions in the medium and long term".

Therefore, "proportional fiscal adjustments in the future" could be necessary to mitigate this increase if the Government does not cover the deficiencies of the plan in the sustainability of the system.

The first vice president,

, maintains that the plan is necessary for the Spanish economy and the Minister of Inclusion, Social Security and Migration,

, that in this semester the pension reform will be completed with the second part.

In their report on the Recovery plans presented by the member countries to receive more than 700,000 million from the EU in the so-called Recovery and Resilience Mechanism (MRR), the auditors show pessimism, because "

to the that Member States have been facing for years".

Spain is no exception, but there are even worse cases in the pension challenge.

“Several recovery and resilience plans did not address the elements of the European Union Country Specific Recommendations related to the sustainability of pensions (Germany, France, Italy and

) or taxation (Germany and Italy).”

To Spain he also adds in particular the lack of specificity to strengthen its health system and recalls that the European Commission has already concluded that "the Recovery and Resilience Plan includes plans for the deployment of the reform of primary care,

He also misses in the plans of France and Spain a crucial issue at the moment: the energy infrastructures between the two.

The auditors of this Luxembourg-based body do not understand

(such as electricity interconnections between Spain and France), which by definition would be suitable for the MRR, were not included in the plans."

The report's conclusion is that "the European Commission's assessment is generally adequate, but risks remain for the effective implementation of national recovery and resilience plans,

."

The head of the report at the Court,

, maintains that "full transparency and effective controls must be in place to ensure that EU funds are used for their intended purpose and achieve the expected impact."

Conforms to The Trust Project criteria

Know more

• European Comission

• France

• Italy

• Germany

• Jose Luis Escriva

• Social Security

• Carmen Bald

• Justice

• Articles Carlos Segovia