Sánchez redoubles the pulse to the president of Ferrovial: "The homeland is not only about making heritage"

"The homeland is not only about making heritage", Pedro Sánchez warned the president of Ferrovial, Rafael del Pino, to redouble his pulse against the decision of this Spanish multinational to transfer its headquarters to the Netherlands, in the opinion of the president of the Government, simply to pay less tax.

Thomas Osborne
Thomas Osborne
03 March 2023 Friday 05:25
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Sánchez redoubles the pulse to the president of Ferrovial: "The homeland is not only about making heritage"

"The homeland is not only about making heritage", Pedro Sánchez warned the president of Ferrovial, Rafael del Pino, to redouble his pulse against the decision of this Spanish multinational to transfer its headquarters to the Netherlands, in the opinion of the president of the Government, simply to pay less tax.

Sánchez has defended his "fiscal justice" policies, so that "those who have the most contribute the most." And he has expressly highlighted that Rafael del Pino is "the third fortune in Spain." A fortune that, "to a large extent", has been made, the head of the Executive has stressed, thanks to Spain.

In a joint appearance from Helsinki with the Prime Minister of Finland, Sanna Marin, also a Social Democrat, Sánchez used the Scandinavian model of the welfare state, which is paid for with taxes, as the best example for Spain to follow.

The head of the Executive wanted to also make a political reading of this controversial decision by Ferrovial to move from Spain. During the financial crisis ten years ago, Sánchez pointed out, the conservative government of the Popular Party "decided that Spain would compete in the world based on precariousness, to reduce labor rights and wage conditions for workers and to cut the state of welfare".

Its progressive executive, on the other hand, has assured that it has another vision: “Spain has to compete in the world as the Scandinavian countries compete, with strong welfare states, which are committed to public education, professional training, public health, In short, for everything that unites a country socially and territorially”. "We want to compete based on quality and it is not precarious," he stated.

And for this, Sánchez has settled, "fiscal justice" is necessary, which he has summarized as "those who have more, have to contribute more to the public treasury, paying more taxes." This, in his opinion, is the debate that is behind the decision of Rafael del Pino, whom the head of the Executive has once again expressly cited, as he did the day before from Copenhagen.

The President of the Government has once again refuted Ferrovial's arguments. “We are not talking about legal guarantees”, he has warned, since he has reiterated that the most prestigious rankings place Spain as one of the safest places to invest.