Sánchez brings the aid jam to Brussels: "The execution of European funds has to go faster"

Pedro Sánchez assures that the Government is aware of the need to expedite the absorption of EU aid to leave behind the economy of the pandemic and that work will be done in Brussels to improve the channeling of the Next Generation instrument.

"The execution of European funds has to go faster", the President of the Government acknowledged at the closing of the forum

, in which the First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia, also took part Calviño, and the Minister of Industry, Commerce and Tourism, Reyes Maroto.

With the goal of "making Spain a benchmark for entrepreneurship", Sánchez has pointed out the importance of having "a medium and long-term strategy", with the Spain Entrepreneurial Nation initiative as a roadmap.

However, to achieve this, the head of the Executive has admitted that it is necessary to resolve "how we can expedite the execution of European funds" in Spain, although the president frames the traffic jam in a continental context and calculates that 150,000 companies have already have benefited from the aid of the Recovery Plan.

"Many of you tell me. 'The execution has to go faster'.

. Today I am traveling to Brussels; tomorrow we have a European Council, the day after tomorrow too; and one One of the great debates will be this: how we can streamline the management of European funds, especially when there are other economies, for example the US, which is implementing protectionist laws for its industry that put it on alert, if not in threat , to the European industry".

In addition, Sánchez has reviewed all the Government measures aimed at entrepreneurship.

In fact, just yesterday the Council of Ministers approved the contribution of 400 million euros to a European project whose objective is to support companies in the growth phase dedicated to high technology, with the strategic autonomy of the EU as the ultimate objective.

"Our country is a country that speaks very badly of itself," said Sánchez, who has defended the country's labor figures against the most pessimistic predictions of some "doomsayers."

Regarding the ecosystem of new technology companies, the president recalled that, in Spain, "

due to failure, compared to the world average of 47%", and reviewed that there are registered 14,000 startups in Spain ("in the top 20") and that last year a record number of investments was scored and, in number reached, "the second best figure in the entire historical series".

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