Calviño warns against Feijóo's economic project to reduce debt and taxes: "Cuts"

“Faced with the responsible and coherent economic policy of the Government is nothing.

Oliver Thansan
Oliver Thansan
11 June 2023 Sunday 22:24
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Calviño warns against Feijóo's economic project to reduce debt and taxes: "Cuts"

“Faced with the responsible and coherent economic policy of the Government is nothing. What proposal does the PP have, how is it going to reduce the debt if it lowers taxes? Any citizen knows that lowering the debt by lowering taxes means cuts in the welfare state. The First Vice President and Minister of Economy, Nadia Calviño, has appeared this Monday for the first time at the PSOE headquarters in Ferraz, thus warning against the possible economic model that Alberto Núñez Feijóo could deploy if he reaches his goal of reaching Moncloa after the general elections on July 23.

In the first place, it has summoned the leader of the Popular Party to define himself. "At this moment, we don't know who, or what, or for what," Calviño has warned about Feijóo's economic model and who would embody it. And he has ordered him to "clarify" whether his proposal is to repeal the increase in pensions, the rise in the minimum wage or the labor reform. "It is urgent," said the vice president, that the PP define as soon as possible the economic proposals with which it will run in the elections. The economic policy of the progressive government, on the other hand, has ensured that all citizens are already aware of it, and that it "works", as it has defended as demonstrated by the economic growth and job creation registered by Spain.

"This is not the time to stop or go back," Calviño has warned about Feijóo's alleged intentions if he manages to win the presidency of the Government after 23-J. But the vice president has urged the leader of the PP to define his economic project, and above all, she has called on him to designate an economic manager, with whom he can discuss and confront their respective projects.

Juan Bravo, Luis Garicano, Pablo Hernández de Cos…? "I don't have any type of preference," Calviño has settled on the rumors of the possible financial manager that Feijóo could designate. The vice president has warned that she does not care who the PP leader chooses, but she has called on him to do so with the utmost urgency. With an argument that she has repeated: "You don't play with things to eat."

"Economic policy affects all areas of the lives of citizens, and for this reason we should have a specific debate as soon as possible with the person who is going to coordinate the PP's economic policy," Calviño has demanded. Despite not having joined the PSOE electoral lists by her own decision, the Minister of Economy will have a leading role in the campaign led by Pedro Sánchez.

Calviño has met this Monday in Ferraz with Pedro Sánchez, with whom he has assured that he has "total alignment" on economic policy, to begin to define the proposals and priorities in the matter that will contain the electoral program with which the PSOE will concur to the appointment with the polls on 23-J. The ministers María Jesús Montero, Teresa Ribera, Félix Bolaños and José Luis Escrivá also attended the meeting. But, for now, the Socialists reserve the specific proposals, which they will deploy during the campaign.

Sánchez wants to put the focus of the campaign on economic policy with Calviño, to highlight the management of the progressive government in this last legislature, although this strategy did not work in the face of the recent regional and municipal elections, after which the PSOE will lose most of of his territorial power. And Calviño herself has admitted that the Executive's economic management, endorsed by the data certified by international organizations such as the IMF, the ECB or the OECD, was overshadowed in the previous campaign by other issues with which the PP obtained good electoral returns. It is not something new, she has regretted her. "One of the phenomena that we have experienced in recent years is the difficulty of communicating the Government's management in an environment of tension and noise that does not benefit democratic coexistence at all," she warned. And, for this reason, she has demanded that in the next legislature the debate be focused "on what is most important for the citizens." I mean, the economy. The things to eat.