Post by account_disabled on Feb 20, 2024 7:10:27 GMT
Spain is the European country that has mobilized the most public aid to stop the coronavirus , at least with respect to the size of its economy. Since the beginning of the pandemic, the Government of Pedro Sánchez has obtained some 69,000 million euros in guarantees for companies (5.2% of its GDP), which are added to the million (3.5%) invested in health support . as revealed by the vice president of the Directorate General for Competition of the European Commission, Margrethe Vestager. Specifically, the most costly measures of the Spanish strategy have been the budgetary support of the contingency fund to the Ministry of Health (1,400 million euros), the early transfer to the regions of regional health services (9,000 million euros), the own investigation of the disease (1,000 million euros) and the costs of unemployment benefits for workers in ERTE without minimum contribution (about 23,000 million euros), among many others.
This is indicated by the latest updated data from the International Monetary Fund in relation to the main political responses of community governments to face the pandemic, which allows us to outline a portrait of how money has fluctuated in the EU and what it has materialized in. the different countries . This, together with the public aid allocated Middle East Phone Number List to each country , makes up the economic involvement of each Government with its management of the virus. Trackers, doctors and PCR tests: this is how Spain could have invested the 23 billion spent on paying ERTE and unemployment benefits during the pandemic Of course, this statement makes no sense without knowing what the compensation was.
In this sense, Germany is the country that received the most based on its economy - more than half of the almost 2 billion authorized by the EU - above Italy, France (15% each) and Spain (5% ). In relation to what the aid represents for their economies, the funds allocated would represent 5.2% of Spanish GDP at the end of 2019, a figure that is ahead of that of France (4.7%), Germany (2, 8%) and Italy (1.6%). In relation to the money "spent", Emmanuel Macron's Government brings together a third of its funds (about 114,000 million euros), ahead of 28% in Germany (96,000 million), 20% in Spain (69,000 million) and 8 % of Italy (28 billion). Investment of own funds Thus, with this on the table, the German response is also one of those that has taken the least time to start spending not only European money, but its own.