In the letter that has sent to the capitals von der Leyen Desglosa A 5 -point project in which a “significant” increase in national spending, EU loans and the performance of the International European Bank (BEI) is combined.
Most of those 800,000 million euros would leave the national budgetary coffers, that is, countries will have to allocate More money of its own budgets.
That is the first point of the plan, and surely the most bothering In the Government of Spain that until now had always proposed joint spending solutions at European level, never money that came directly from national budgets.
In any case, the proposal of the president of the CE also collects joint solutionsSA community level. In fact, the second point is a European financial instrument that will be equipped with up to 150,000 million euros on loans. What is not clear is how it will be structured.
Countries like Germany and Holland already They have opposed to any solution that supposes a communitization of the debt, because for them it involves guaranteeing the debt of others that benefit from lower interests, and they do not find it fair. It is a classic of economic discussions in Brussels.
The third point of Von der Leyen’s proposal is the reallocation of funds of cohesion for defense. The fourth addresses the need for accelerate the union of savings and investment and the fifth points directly to the European Investment Bank chaired by the Spanish Nadia Calviño, whose interests are lowalthough so far it was not dedicated to this type of loans.
Europe is willing to assume its responsibilities
In her appearance without questions, the president of the CE has said that “Europe is willing to assume their responsibilities”, and that “Member States are willing to spend If they are given the fiscal space. ” In fact, it will activate the escape clause of the stability pact to exclude this deficit computing spending (3%).
This letter will serve as the basis for this Thursday’s discussions in Brussels where the 27 heads of state and government will discuss in a Extraordinary Summit in Brussels How they plan to continue helping Ukraine – despite the American reluctance to do so – and increase their defense expenditure.
An especially delicate discussion in Spain that is the Country that least spends In defense of NATO (1.28% of its GDP) and that governs in coalition with a partner, add, which has always refused to increase military games.
