Nadia Calviño, Vice President of the Spanish Government and Minister for Economy and Digitalisation, and László Andor, FEPS Secretary General, analyse in this podcast episode the Spanish recovery plan in a European context. The Spanish economy is one of the hardest hit in Europe by the #COVID-19 crisis, mainly due to its dependence on sectors like tourism and hospitality. From the first days of the crisis one year ago, the Spanish government embarked on a strategy to mitigate the economic consequences and to establish a social safety net to avoid a rise of unemployment and poverty comparable to the previous one. Calviño and Andor agree that this time Europe has provided a timely and robust response, with better coordination through the whole EU, which makes this crisis different to the last one. Looking to the future, the Vice-President explains the need to adapt the Spanish economy to four progressive pillars: digital transformation, green transition, social and territorial cohesion and gender equality. She also opines that the EU’s SURE instrument is just a start, to be followed by genuine re-insurance of unemployment benefit schemes.
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