Dombrovskis: no money if you are no longer competitive. The Recovery Fund, an extra bar in the EU cage
Valdis Dombrovskis is unable to restrain himself, to hide his own intimate nature as a gray bureaucrat who loves "Competitiveness", that is, the mutual ferocity between countries, and "Austerity", that is, poverty imposed from above.
As the FT reports, Brussels is putting in place strict new processes to ensure that the EU's 'Unprecedented' recovery fund is not wasted amid growing concerns about the potential for fraud and waste in the € 750 billion program.
Valdis Dombrovskis, executive vice president of the European Commission in charge of economic policy, said the spending of the recovery money will be governed by a more restrictive set of rules that will avoid the kind of scandals that had occurred in the past with regional aid programs. of the EU. .
"The system we have put in place is a robust system that will ensure proper use of this EU funding," said Dombrovskis, noting that the commission was both checking national "control systems" for spending the money and enforcing the own controls.
He added that Brussels is to suspend payments if there are signs that a national government is not carrying out reforms to improve competitiveness or not funneling money directly into pre-agreed investments. "There are rather strict criteria." says Dombrovskis.
The big fund that should relaunch the European Union in the end will be nothing more than training for the ferocious beasts that tear themselves apart in the cage called Europe. The scandal, however, is that all this is silenced by the Italian mainstream media, which present an instrument for conditioning the social policies of individual states.
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The Dombrovskis article : no money if you are no longer competitive. The Recovery Fund, an extra bar in the EU cage comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/dombrovskis-niente-soldi-se-non-siete-piu-competitivi-il-recovery-fund-una-sbarra-in-piu-nella-gabbia-ue/ on Fri, 30 Apr 2021 08:00:44 +0000.