CEIM The Madrid employers' association warns that the amnesty will bring "legal uncertainty and distrust of investors"

The Madrid employers’ association CEIM has warned in a statement this Wednesday that the Amnesty Law on which the Government is working to obtain Junts’ favorable vote for the investiture will have the consequences of a loss of legal security, investor confidence and of democratic quality.

“CEIM regrets the way this Government is using to get votes for an investiture in exchange for privileges for some, to the detriment of the rest of the citizens. All Spaniards would pay the consequences of these agreements for the loss of legal security, democratic quality and trustworthy by investors,” they said in a statement.

The business organization has described the agreement that would legislate the amnesty as “very serious.” “Madrid businessmen consider it unacceptable that, after the serious events that occurred in Catalonia in 2017, all judicial actions that hold responsible those who had broken our legal system by committing serious crimes are annulled, which would certify that there is a group of citizens, and particularly from politicians, who are above the Law”.

They have also lamented that “the forgiveness of a part of the debt of some Autonomous Communities will affect all Spaniards, since the debt does not disappear, but rather the ownership of it will change. As a consequence, all citizens will pay more taxes so that the inhabitants of the regions whose leaders have squandered public resources in recent decades will pay less. This fact, in the opinion of CEIM, will encourage these territories to continue borrowing beyond their means with the confidence that, when their money is needed again support, the Government will forgive him again”.

This certifies, in his opinion, the inequality of Spaniards before the law, which is why he asks Madrid politicians to “denounce the obvious harm that the execution of the known agreements would cause to all the citizens of our region and to the vast majority of the Spanish”.

This employers’ association, integrated into CEOE and chaired by Miguel Garrido, has also taken the opportunity to express its rejection of the rest of the agreements between the PSOE and other parties, such as Sumar, “whose consequences will negatively affect the economic and social growth of Spain and the life of the people of Madrid”, they have said.

Among them, they have highlighted the modification of important regulations related to the working day and the regulation of dismissal, outside of social dialogue, “which would harm the productivity and, therefore, the competitiveness of our companies, as well as the recovery and generation of employment in a country with a record of unemployed,” they lament.

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