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European Commission

January 26, 2017

General

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Thus Joaquin announced Tuesday Almunia, vice-president of the European Commission and top person in charge of the portfolio of Competition, before the European Parliament. A measurement that days ago was not expected, since ministers of Economy and Finanzas of the 27 had themselves it jeopardize to stop offering endorsement and guarantees to the financial organizations or to increase in price them at least so that they looked for the life in the market and not to follow following the Estado.Esta decision have not been far from it unexpected. In spring Almunia it already declared: Vemos that in certain sectors of the financial activity new difficulties emerge that could advise to us to be prudent in the forecast of the aim of the process of reconstruction or necessary support so that the financial system works without finding risks systemic. The same will happen with the small and medians companies, at least until 2011. The SMEs have undergone the closing of the faucet of credits on the part of the banks, and so the public sector also has had to go to the rescue. In this sense, Almunia wants to maintain this sustenance which is of this year and the following one.

Thus, the public Administrations will not have to request permission to Brussels to help with capital, whenever they are amounts of up to 2.5 million Euros. The measures can urge the pesimism on the economic recovery but it is necessary to remember that Joaquin Almunia assured east summer that the situation is clearly better of than there was a year ago, which the suitable measures were being taken to as much surpass the crisis in Spain as in the rest of countries, although, that yes, recognized to have taken decisions on a scene that had not anticipated and to confront challenges that were not in the manuals. You can consult the guide of tax exemptions to have the greater repertoire of tax exemptions in Spain. The news, articles, interviews to tax exemptions, new tax exemptions, guide of tax exemptions, all the news of the present time in the world of the tax exemption you can consult it in directory of tax exemptions.