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The First Vice President of the Government and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, has emphasized the reforms carried out by the Government to lower the price of the electricity bill and has insisted that the Economic recovery it will favor the increase of the minimum wage.

In statements to the ‘Public Mirror’ program collected by Invertia, he maintained that the Government has been focused for three years on make a just energy transition and try to make up for the “ten years of inaction”.

The minister has once again insisted that “the first thing we have done is to remove the VAT from the sun to enhance self-consumption.” He has also mentioned the reduction in taxes – reduction from 21% to 10% of VAT and suspension of the generation tax paid by electricity companies, both temporary, of charges borne by the bill – through the National Sustainability Fund.

Calviño has stressed that other measures that the Government plans to carry out are “pending approval in Parliament.” In addition, it has held the auction announced this Monday by the Vice President of Ecological Transition, Teresa Ribera, on a new renewable energy auction to increase electricity generation capacity, with another 3,300 megawatts (MW).

It should be remembered that the minister has questioned the usefulness of promoting a public energy company to combat the rise in the price of electricity, urging to prioritize “those measures that are effective” and “those areas that can have a real impact and not other ideas,” he said, “that are not effective.”

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Economic recovery

Regarding the imminent rise in the minimum wage. The second vice president stressed that “the data is giving us a very positive message of recovery and that Spain in 2022 will recover the GDP it had before the pandemic”

“The evolution is being very positive and this allows us to resume the path of raising the SMI as soon as possible,” he said. He also stressed that job creation and improved working conditions allow speeding up these negotiations.

Regarding the arrival of the first million euros (9,000 million) of European funds, the vice president has indicated that “money does not come that falls from the sky, but is a response to the crisis” of covid-19.

He specified that these funds “have to allow Spain to take the most sustainable and fairer growth lane in the coming years and guarantee that it takes the train of the green and digital economy.”

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