The First Vice President and Minister of Finance, María Jesús Montero, has insisted this Thursday that “the commitment of the increase in defense expenditure [del Gobierno de España con la UE] It is not in competition with social spending. ”
María Jesús Montero has intervened in the V edition of the “European Funds” forum of Eldiario.es and has assured that “Spain is raising an effort in strategic security and autonomy much broader than the traditional defense policies”.
“What is happening is a change in the geopolitical rare as we had not attended since World War II,” said the vice president. “Europe cannot be a spectator, it has to answer,” he said.
One of the keys to that response, according to María Jesús Montero, is that the European Union (EU) has to “take off the inferiority complex”, because we are “more than a market of 450 million citizens.”
“That’s why”, as he explained, “the escape clause [acordada en la UE]”Gets that defense spending not compute in the deficit of community partners. Although the objective of Spain is that in that expenditure item” everything that allows strengthening security is incorporated (as technology made in Europe, innovation opportunities …) “of European countries, because” it is pointing to the EU as a social project. ”
Regarding the recovery plan, the Minister of Finance has supported that this European funds program designed in response to the pandemic to extend when its initial term is finished, which is until mid -2026. María Jesús Montero has referred to this formula of mutualization of investments as crucial in the current context, in which the EU is obliged to reinforce its sovereignty.
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