According to the Court of Auditors, government support to the financial sector has reached a balance of 22,049 million euros in the 2021 General State Account (CGE) since 2008 and until the end of last year, delivered on Tuesday. in parliament. According to the Court’s analysis, expenditure in this period amounted to “29.587 million euros and revenues 7.538 million, leading to an unfavorable balance for the state of 22,049 million euros”.
In 2021, the balance stood at 213 million euros, the lowest amount since 2008, “the main cost is the transfer of 429 million euros from the Resolution Fund to Novo Banco, under the conditional capitalization agreement,” reads the opinion.
The Court also notes that only €71 million of the Recovery and Resilience Plan (PRR) was implemented last year and recommends that the executive “accelerate the implementation of the PRR to meet the European Commission’s timetable and disbursements.” “.
Source: DN
