The president of CEDE (Spanish Confederation of Directors) and of the La Caixa Foundation, Isidre Fainé, has asked this morning from Barakaldo for "dialogue" on the "regulatory frameworks and the tax system that are stimulating and efficient throughout Spain and not only in some communities. He said it at the closing ceremony of the XXVI CEDE Executive Congress held in the Basque Country. The reference to the harmonized tax framework in Spain occurs just when there is a debate about the regional race to lower taxes. While the Government, which has also joined this strategy, today also promotes a new tax on large incomes to compensate for the suppression of Patrimony in Madrid and Andalusia.
In his opinion, in times of crisis like the current one, public-private collaboration is more necessary than ever. The director has pointed out that this collaboration must be based -in addition to a propitious regulatory and fiscal framework- on "social dialogue or the income agreement".
Fainé has warned that "the possibility of the downturn" in the Spanish economy "being short" depends on an "appropriate policy" and on companies "not losing confidence".
As he has done on other occasions, the manager has pointed out the small size of the companies as a problem since their productivity is lower.