The PP requires Sánchez to withdraw the bank tax after the "forceful" ECB report

Gamarra says that what happened shows that the Executive of PSOE and Podemos governs "from populism and improvisation"

MADRID, 3 Nov. (EUROPA PRESS) -

The general secretary of the PP, Cuca Gamarra, has demanded this Thursday the Government of Pedro Sánchez withdraw the tax on banks after the "forceful" report from the European Central Bank (ECB) and has warned of the "high risk" that it would pose for the economy Spaniard to "engage" in going ahead with this measure.

This has been pronounced after the ECB has questioned different aspects of the temporary tax that the Government wants to impose on the banking sector, considering that the tax could endanger a smooth transmission of monetary policy measures, adding that the amount of the The same could not be proportional to the profitability of the entities and expressing the importance that it can be passed on to the clients.

Speaking to journalists in Congress, Gamarra pointed out that this "forceful" ECB report shows that "governing from populism and improvisation has high risks for the Spanish economy."

"Therefore, what the Government and the Government parties should do is heed the indications of the ECB, not legislate in this way and withdraw this tax," he stressed, adding that any initiative that affects the financial system must be backed by mandatory reports and accompanied by an analysis of the risks that it may entail.

Gamarra has affirmed that the risks warned by the ECB are "very serious" and it would be "even more serious" if, in the face of that warning, the Executive "is determined to move forward" when it can "affect the economy". Thus, he has warned that there is a possibility that "the tax itself will be annulled and it will have to be returned."

"Without a doubt, what is needed is a serious and responsible government, which legislates without itself becoming a risk to the Spanish economy", declared Alberto Núñez Feijóo's 'number two'.

When asked if one of the risks is that commissions are passed on to clients, Gamarra insisted that the ECB report is "forceful" in relation to "the risks to the Spanish economy."

Thus, he has said that there is a risk that this tax will be passed on to the client as the PP has been denouncing, but also "the risk that the tax may have on the financial system itself." "The report warns of the need to legislate in an exhaustive and rigorous manner, not from populism and improvisation," she emphasized.

For this reason, the also spokesperson for the Popular Group has reiterated her appeal to the Government to withdraw it. “You cannot move forward with something that already has these warnings from the ECB as if it were not saying anything when the consequences can ultimately be paid by the Spanish economy and the citizens with the commissions that are passed on, she has stated.

According to Gamarra, it is necessary to legislate from "seriousness and rigor" but the Government of Pedro Sánchez does "the opposite". "There are no precedents for such a forceful report by the ECB in relation to an initiative promoted by the Government of Spain itself", he concluded.