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The CEOE asks to speed up the distribution of European funds

The CEOE asks to speed up the distribution of European funds

The Spanish Confederation of Business Organizations (CEOE) proposes to modify, through the approval of a Royal Decree-Law, specific provisions of the Law of Public Sector Contracts and the General Law of Subsidies, in order to speed up the distribution of European funds Next Generation EU that Spain will receive for economic recovery.

This is the measure that the employers’ association has finally proposed in the working group that the CEOE set up, within the Legal Commission, at the beginning of October, to speed up the procedures to channel these resources to the private sector and make the instruments of public-private collaboration.

According to the CEOE, Spain must execute 140,000 million euros in six years from the European Recovery Plan, which constitutes a “very important management challenge”. The ‘Spain may’ Plan itself already warns of possible operational ‘bottlenecks’, due to lack of means, or legal, given the complexity of the procedure.

On the one hand, if these obstacles are not overcome, by delaying spending commitments and, in this way, preventing them from being met with the amount allocated from the Recovery and Resilience Mechanism, the recovery of the Spanish economy to which they are intended These funds could be frustrated, with the consequent destruction of businesses and jobs.

Therefore, to maximize the impact of these funds, it is “fundamental”, according to the employer, to eliminate said ‘bottlenecks’ and bureaucratic obstacles in the current legislation on public contracts and subsidies, for which it proposes to modify the Law of Public Sector Contracts and the General Subsidies Law.