Reform Fiscal Policy
The Chairman distinguished two planes, one Government and one of the party, which Yes will discuss the reform of taxes. It requests more requirement when granting credits. He hoped the forcefulness of the discourse of Rubalcaba as a candidate. The President of the Government, Jose Luis Rodriguez Zapatero, ruled Thursday that the Executive has intention to reform fiscal policy, but warned that the electoral program of the PSOE, which will be debated in the autumn at a political Conference, is another thing. With these words, in press conference in La Moncloa, Zapatero said the statements of some members of his Government and party on a possible need to reform the tax framework. In his view, must distinguish two planes: the Government, which does not have any anticipation of tax in this period modification, as already advanced the economic Vice, Elena Salgado; and the party, which will debate that issue certainly in their political Conference, where It shall take a decision. More demanding to grant credits Zapatero also qualified direct criticisms of the Vice President, Alfredo Perez Rubalcaba, the excesses committed by the banks in the past to grant mortgages. After admitting that it should be most demanding levels of responsibility to grant credits, he recalled the current drought situation in the financing from financial institutions and opted to find a balance between two alternatives: that banks do not give credit or that it’s excessively.
What we have to do is to put guarantees to prevent excesses and at the same time to again flow credit, insisted before the reform of the Spanish financial sector dnder, even if you move some time see its fruits.We are entering a paradox, we are all day listening to say that banks do not give credit and, on the other hand, we know that in the past there has been excessive credit that has led to this situation, reiterated by the President of the Government, convinced that the solution is a narrow corridor. The restructuring of the financial system, the most important thing that has ever known in Spain according to Zapatero, has precisely intended to help institutions to fulfil their function: channelling savings into investment. Before and after with Rubalcaba the j of the Government also expressed his confidence in the speech Saturday Rubalcaba will perform on the occasion of his proclamation as socialist candidate for the forthcoming general elections and said that, it will undoubtedly mean a before and an after. During a next press conference the President of Haiti, Michael Martelly, the Prime Minister left in the hands of the Vice President and Minister of the Interior decision when will leave their posts in the Executive to devote himself exclusively to his candidacy.