Spain is not opposed to stating conditions when creating an EU fund

Spain is not against the presentation of conditions when creating an EU fund for economic recovery, said Foreign Minister of this country Arancha Gonzalez Laia.

“Spain has a clear position – we do not refuse to make conditions and do not oppose good governance that will build trust. But we want it to be within the framework of trust, clarity and transparency”, – the minister said in an interview with Cadena Ser radio station.

However, she added that the fulfillment of the conditions will require great efforts from the entire Spanish society.

“The entire Spanish society must make efforts in terms of restoration – we must seek consensus between the government, autonomous communities, entrepreneurs, trade unions, and, of course, all political forces. The recovery plan must be adopted, this is the basis of the contract between Spain and the EU”, – the minister added.

She also drew attention to the fact that during the difficult negotiations in Brussels, which began on Friday, it is not only about the creation of a recovery fund and a multi-year financial plan, but also partly at stake is “how power is distributed in the EU after the UK leaves”. For the first time a budget without Great Britain has been agreed, and, in the words of the Foreign Minister, “the cards must be re-handed over”.

On Monday afternoon, the leaders of the EU countries will again resume negotiations on the parameters of the fund for economic recovery from the deepest crisis created in the European Union, as well as on a multi-year financial plan, from which the annual EU budgets in 2021-2027 will then be drawn up.

The EU leadership is trying to overcome differences over the creation of the fund. On Sunday night, Agence France-Presse wrote that the summit was deadlocked and prolonged, as the countries were unable to overcome resistance from the Netherlands and a number of other “thrifty” countries over issues related to the EU economic recovery fund.

Dutch Prime Minister Mark Rutte insisted that states retain the right to finalize funding from the anti-crisis fund. He noted that EU oversight is needed to oblige countries such as Spain and Italy to reform their economies so that they can better cope with future crises, the agency wrote at the time.