Vodafone Spain joins as a member of CEOE

Vodafone Spain, a pioneer company in total convergence, a leader in film and series content and the Internet of things, has become a member of CEOE, after the signing of the adhesion agreement in Madrid. Antonio Coimbra, president of Vodafone Spain, and Antonio Garamendi, president of CEOE participated in the event.

Thanks to this incorporation, Vodafone Spain will participate in the CEOE advisory bodies, such as the Digital Society Commission.

In this way, Vodafone Spain and CEOE join forces to promote a strategic sector, such as telecommunications, at a time, in addition, in which innovation and digitization are two of the key levers for the recovery of Spain.

In the words of the President of Vodafone Spain, Antonio Coimbra: "We are at a key moment and it is a unique opportunity for Spain to lead the digital transformation and accelerate the economic recovery derived from the Covid-19 crisis." "For this reason, -adds Coimbra-, it is a great satisfaction for Vodafone to be part of CEOE".

For his part, the president of CEOE, Antonio Garamendi, has expressed his satisfaction with this incorporation and has highlighted that “these months of pandemic have highlighted the strategic importance of technologies and telecommunications, so at this time more than we must never all push together in favor of digitization and innovation as catalysts for a safe and sustainable recovery ”.

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CEOE presents the ‘Framework document for the recovery, transformation and resilience of the Spanish economy’

CEOE has presented this Wednesday the ‘Framework Document for the recovery, transformation and resilience of the Spanish economy’, a report that includes a contribution, from a business perspective, to the ‘Spain can’ Plan.

The general secretary of CEOE, José Alberto González Ruiz, and the vice president of CEOE and president of the Institute for Economic Studies (IEE), Íñigo Fernández de Mesa, participated in the event.

Specifically, the report sets out the business vision of how the recovery of the Spanish economy should be addressed through reforms and investments, as well as other elements, such as the elimination of bureaucratic obstacles or the implementation of tax incentives.

With the preparation of this Document, CEOE wants to maximize the impact of European funds in Spain. For this, the Confederation is finalizing a catalog of tractor macroprojects that it will present in the coming weeks.

Reactivate the business fabric

CEOE identifies as priority objectives for Spain to rebuild, reactivate and strengthen the business structure affected by the Covid-19 crisis; promote a broad private investment program that includes the intangible component and human capital; and promote a program of structural reforms that respond to the main challenges and opportunities of the Spanish economy.

For this, several transverse vectors are identified. Among them, CEOE considers that the resources should be allocated to investment projects led by the private sector, to increase the potential growth of the economy and competitiveness in the future.

In addition, the use of these resources must follow public-private collaboration schemes, including the streamlining of public contracts and subsidies procedures and the elimination of "bottlenecks."

The report also indicates that the financial sector must actively participate in the management of the resources channeled via credit to guarantee their viability and ensure compliance. Furthermore, European funds must be complemented by an appropriate framework of tax incentives.

In CEOE's opinion, consultation with the social partners is key so that the recovery plan is truly linked to the companies.

Reforms and investment

Regarding reform and investment priorities, and in order to preserve the productive fabric, CEOE considers it necessary to implement a set of urgent economic measures, as a continuation of those already applied during the state of alarm.

The ecological transition is another of the priorities identified by entrepreneurs, for whom the transformation of the Spanish economy towards a climate-neutral economy will require considerable investments over a prolonged period, especially in industry.

CEOE also proposes establishing an ambitious program to support industrial activity, which is key, to a large extent, for the long-term competitiveness of the economy.

The digital transition is also a priority, since the competitiveness and efficiency of companies will depend, to a large extent, on their adaptation to the new technological environment.

Furthermore, CEOE considers that the company is a key agent in the field of equality, another of the priorities identified by the organization. In this sense, it points out four key levers: training, entrepreneurship, co-responsibility, conciliation and the elimination of gaps.

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The president of CEOE Internacional participates in the Spain-United Arab Emirates Business Meeting

In this meeting, prominent representatives from both the public and private spheres have participated and has had the interventions of the Minister of Industry, Commerce and Tourism of Spain, Reyes Maroto, and the Minister of Economy in the United Arab Emirates, Abdullah Bin Touq Al Marri . Both ministers agreed on the importance of trade and bilateral investment between the two countries, which has grown greatly in recent years.

The objective of this conference was to bring Spanish companies closer to the reality of this market and the business opportunities it offers. Together, the situation of the prominent sectors of the country after the pandemic was examined.

During the public-private panel moderated by Marta Blanco, Wassim Said, Senior Consultant of the Office of Food and Water Security of the State Ministry for Food Security and Salvatore Lavallo, Acting Head of FDI of the Abu Dhabi Investment Office (ADIO) They shared information on investment opportunities in this sector and the multiple aid that the Emirati Government offers in this area. Also, José María Montalbán, International Director of NGS System UAE and Salvador Ruiz, International Sales Director of H2Hydroponics shared their investment experiences in the United Arab Emirates.

The President of CEOE International highlighted the great opportunities for companies from both countries regarding cooperation in the agribusiness sector that have been proposed at this meeting. He also highlighted the high competitiveness of Spanish companies, which can contribute their know-how and experience to the Emirati market.

Finally, it should be noted that, simultaneously with the panel moderated by CEOE, the panels “Opportunities in the Water sector in the United Arab Emirates” and “Opportunities in the Health sector in the United Arab Emirates” took place.

You can consult in this link detailed information about the program as well as general and sector documentation.

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The Director of Training participates in the conference 'Vocational Training for employment, key to the future of the Spanish economy'

The State Association of Large Training Companies (AEGEF) has organized the conference "Vocational Training for employment, key to the future of the Spanish economy", which took place at the CEOE headquarters and in which the Director of Education participated and Training of CEOE, Juan Carlos Tejeda.

Among other topics, they discussed the future of VET in Spain from the sectoral perspective, education and training as the basis of the production model and the new challenges of VET in times of social transformation. To address these issues, the following attended: the Minister of Labor and Social Economy, Yolanda Díaz; the president of Cepyme, Gerardo Cuerva; the president of AEGEF, Juan Antonio Sánchez; and the former Minister of Labor and Immigration, Valeriano Gómez Sánchez.

Cepyme training

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18 associations advocate maintaining the current tax limit on individual savings for retirement

The Draft Law on General State Budgets For the year 2021, the annual contribution limits to individual social security systems and also to those of the spouse are reduced from 8,000 euros to 2,000 euros. This will negatively affect all citizens and, especially, the self-employed.

18 business and professional associations consider that the current treatment of individual supplementary social security savings instruments should be maintained. The signatories of this joint manifesto are ADECOSE, AEB, AEDAF, AMAEF, ASCRI, ATA, CECA, CEOE, CEPYME, the Spanish Confederation of Mutualities, the General Council of Associations of Mediators, FECOR, the Institute of Spanish Actuaries, the Institute of Economic Studies, INVERCO, OCOPEN, UNACC and UNESPA.

In Spain there are more than 7.5 million participants in individual pension plans and almost 1 million insured in insured pension plans (PPA) who are going to be directly and immediately affected by the measure. Many of them are self-employed or employees of SMEs.

In the opinion of the signatory entities, the commendable intention of the Government to promote complementary social security in the business field in Spain should not be carried out at the expense of the savings that individuals use to reinforce their future pension.

Individual saving for retirement is necessary for several reasons. The first of these is the structure of the Spanish labor market. The establishment of different contribution limits to social security systems, relegating individual systems that would have a notoriously lower limit, is discriminatory for the vast majority of the Spanish employed population. It would especially affect the more than 3.2 million people attached to the Special Regime for Self-Employed Workers (RETA) of Social Security; as well as to the employees of SMEs, in which collective savings are barely present. It must be possible for all this employed population that is outside the corporate social security system to access individual pension systems under the same conditions and requirements as any other worker.

The individual system will continue to be necessary and essential for all those who, such as the self-employed or workers of SMEs, cannot access the employment system because the reforms are not developed.

The second reason why the reform proposed by the Government may have unwanted effects is the insufficient amount of savings that could be accumulated within the individual system under the new parameters. At a rate of 2,000 euros per year, a worker who does not have access to an employment plan could accumulate 80,000 euros if he systematically saves during 40 years of professional experience, plus the profitability obtained from this money. If this amount is prorated over the remaining 20 years of life expectancy after reaching retirement age, the result is an insufficient average monthly amount to supplement the public pension.

A third element to keep in mind is the irregularity of earnings from work. Economic crises are cyclical phenomena and materialize several times throughout people's working lives, as the experience of the first two decades of the 21st century shows. For this reason, workers, especially those who are self-employed, should be allowed to regain their ability to save for retirement in the years when their income is stable. The annual limits of contributions to social security systems should be abolished instead of being reduced and replaced by a global limit of contributions accumulated throughout the working life, in such a way that savings for retirement can be generated depending on the situation of each worker during their socio-labor trajectory.

International experience should be a reference in which Spain should be looked at. In practically all the countries of the European Union (EU) and the Organization for Economic Cooperation and Development (OECD) there are tax incentives for savings and additional tax incentives are granted for the promotion and development of social security systems, both business as individuals. The drastic reduction of the taxation of individual systems in Spain would contravene the clear international and European tendency to stimulate them.

Finally, from the point of view of the Public Treasury, the taxation of social security systems is a mere deferral of taxation. In other words, its tax treatment does not generate benefits. The reduction in the tax base of the Personal Income Tax (IRPF) of the contributions is compensated later with the taxation as work performance of the benefits. Therefore, any measure aimed at reducing tax deductions for contributions to individual instruments of complementary social security will now lead to a reduction in the State's tax revenue in the medium and long term.

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Authorities and representatives of LATAM institutions discuss the future of water

Authorities and representatives of Latin America participated today in the first day of a virtual seminar on the future of water, in which the current situation and the future of infrastructures related to the water sector are analyzed. A forum organized by RDN global, which will last three days and which includes networking activities for companies in the Region.

In his speech, preceded by that of the Minister of Public Works of Chile, Alfredo Moreno, the permanent secretary of the Council of Ibero-American Entrepreneurs, CEIB, Narciso Casado, underscored the important role that water and sanitation projects play in the region, since they represent an important social vector; and they constitute an element of territorial cohesion and dynamizer of economic growth, through the improvement of productivity and as a consolidation of social development.

This set of factors, Casado indicated, pose an added problem to deal with diseases such as Covid, since water and hygiene are needed to prevent the spread of the virus. The lack of adequate infrastructure, he added, has led to a scarcity and unequal distribution of water resources, which make access to clean water difficult, so we must bet on an adequate management of these resources, as it is a fundamental tool for ensure the supply of drinking water, and its sustainable use, as well as the treatment of wastewater. In fact, it reported, according to the United Nations, water scarcity affects more than 40% of the world's population. A figure, he explained, that presents a growing trend, as well as alarming, due to the increase in temperatures and climate change.

The permanent secretary of CEIB, Narciso Casado, reported that, within the framework of UN-Water, a United Nations mechanism of which 31 UN entities and 39 external partner organizations are part, a round of high-level meetings was recently organized with Ministers of Economy and Finance from around the world to advance the acceleration of SDG 6 (Clean water and sanitation).

According to Casado, the meetings were held for the first time at the regional level to promote a dialogue more focused on the deficiencies of each area, and promote a better exchange of information between countries that face similar problems and challenges. And to alleviate this problem, he said, efforts are being focused on developing and strengthening alliances with the governments of the Region to make "smart investments in water, sanitation and hygiene." He also stressed that actions should be implemented to finance the sector and to prioritize investments in water in the countries' economic recovery strategies. In this sense, he referred to what has come to be called '4RI', a series of new emerging and disruptive technologies corresponding to the '4th industrial revolution', which include highly advanced methods of organization, production and distribution, based on transformation digital and innovation.

In fact, institutions like the IDB recall that the current water and sanitation problems in the Region cannot be solved using conventional methods. Therefore, said Casado, water resources will continue to be reduced as the population grows and climate change continues to explode, to which are added problems and obstacles that affect water governance and political barriers to transboundary management. of this precious asset.

CEIB's permanent secretary recalled a phrase from Luis Carranza, CAF's executive president, in a conference that was recently organized and that said: “Valuing water is calling for action, recognizing its importance for life, health, the growth and well-being of all people, and therefore it is also to make a call for the efficient use and conservation of this resource ”.

At the last Ibero-American Summit of Heads of State and Government, held in La Antigua, Guatemala, in 2018, the need for a developed infrastructure in the Region was recognized. And under this purpose, Ibero-American leaders, informed Casado, will participate and highlight the main recommendations of the private sector in this area during the XXVII Ibero-American Summit of Heads of State and Government: "Innovation for Sustainable Development – 2030 Goal", which It will be held in April 2021 in Andorra.

In the same way, the permanent secretary of CEIB recently recalled the commitment of the United Nations to raise awareness about people who lack safe sanitation services, through the campaign: "Sustainable sanitation and climate change", which advocates for sustainable sanitation for all, clean water and adequate facilities.

Collaboration and digitization

Faced with this panorama, collaboration is the only way out, assured Casado. It is time to join forces, to invest, to bet on sectors with high added value, to make everything add up, always united the public sector and companies. This has been demonstrated in recent months by authorities and business leaders, according to the CEIB representative, providing solutions, launching solidarity initiatives and collaborating with society, corroborating, once again, that public-private collaboration must be at the center of all policies, and it must serve to rebuild our economies and our countries.

For this reason, he claimed, we need to establish public and private strategies, assume the sustainability of projects and companies, ensure their competitiveness, encourage foreign investment and innovation, and guarantee the survival of all companies, small and big.

The permanent secretary of CEIB considered it essential to advance in the adoption of technologies that facilitate the processes of water treatment, sanitation and distribution. New technologies are key for the integration of water systems and their users, through digital platforms, data analysis, and analysis hydrological, climate and use. A complete revolution for the water and infrastructure sector.

Casado highlighted that “everything mentioned above constitutes an intense work of Pedagogy based on concepts such as collaboration and determination to create smart and resilient businesses, communities, cities and nations through sustainable, affordable and scalable projects. Only with this, we will be able to make More Iberoamerica ”.

An intense program

Also on the first day, today, the Minister of Public Works of Chile, Alfredo Moreno and the Director of Drinking Water and Sanitation of the Ministry of Public Works and Communications of Paraguay, Hugo Ruiz; as well as other representatives of both ministries and senior officials of Ibero-American institutions and companies. The economic reactivation plan and the new opportunities in Chile were analyzed during the event; and the investment possibilities and needs in Paraguay in the water sector; among other issues.

The general director of Waters of the Ministry of Public Works of Chile, Óscar Cristi Marfil; the executive president of the National Association of Sanitary Services Companies, Jessica López; the Director of Strategic Projects of said Ministry, Jorge Vergara; the Director of Water Operations at Veolia, Manuel Barrera; the general manager of the Santiago Maipo Water Fund, Claudia Papić; the Program Director of the Secretariat for the Promotion and Support of Alliances of Federative Entities of Brazil, Manoel Renato Machado; and the Water Coordinator of the Development Bank of Latin America-CAF, Franz Rojas.

On the second day of the forum, it will be the turn of the Minister of Housing, City and Territory of Colombia, Jonathan Malagón; the Vice Minister of Construction and Sanitation of Peru, Julio César Kosaka; as well as other government authorities of these and other countries of the Region; and representatives of leading institutions, such as the European Investment Bank.

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10 CEOE measures to optimize the funds of the European Recovery Plan

10 CEOE measures to optimize the funds of the European Recovery Plan

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CEOE Campus and Thomson Reuters will train managers to face the challenges of cybersecurity after COVID-19

The cybersecurity It is one of the most important concepts in a hyper-connected world, being essential for national security and for the digital economy. The Digital Security It has become a priority in organizations and companies, as evidenced by the increase in cyberattacks in recent months.

This situation shows the need for people with responsibility in the organization, to acquire, the basic competencies and / or capacities to be able to face the most common challenges presented by the digital environment, such as social engineering, malware, management of passwords, etc.

CEOE Campus, joins Thomson Reuters, to respond to this need, with the course Cybersecurity Keys, which will begin on March 1, 2021. A 20-hour training itinerary whose objectives will sensitize professionals about the need to protect their information and that of their companies, understand the aspects of cybersecurity that influence the protection of information , understand how cybercriminals work and how to discover them, know tools that help protect information, analyze risks and know how to manage incidents.

A joint commitment of CEOE Campus and Thomson Reuters

This training proposal is the result of the agreement signed between CEOE Campus and Thomson Reuters. By virtue of this agreement, both entities will work together to develop a series of training, informative and specialization programs in legal or parajuridical matters.

If you want to know more information about the course, click on this link.

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ADireLab awards the Department of Employment, Diversity and Social Protection with the award

The Association of Labor Relations Directors (ADireLab) has awarded the Department of Employment, Diversity and Social Protection of CEOE with the award 'Relevant Action in Labor Relations and Social Responsibility', for the great work carried out in the field of Labor Relations and very especially for his management and good work in the face of the crisis generated by COVID19.

The president of CEOE, Antonio Garamendi, and the director of the Employment department, Rosa Santos, thanked this association for the award and the CEOE team for their efforts.

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CEOE vice president, Íñigo Fernández de Mesa, speaks at the Spain-Brazil Seminar

The vice president of CEOE and president of the Institute of Economic Studies (IEE), Íñigo Fernández de Mesa, spoke at the Brazil-Spain seminar: “Building the systemic collaboration Brazil-Spain: investments and business opportunities in the post-pandemic scenario”, organized by the Embassy of Brazil and the Spain-Brazil Council Foundation, with the support of Casa de América. High-level representatives of governments and the private sector from both countries participated in the event.

The day was divided into two panels. The first one focused on offering the government vision of Brazil and Spain about the priorities and challenges of economic recovery in the post-Covid context; while, in the second, the perspectives of the private sector of both countries on bilateral economic and trade relations were presented, including the Mercosur-EU agreement and Brazil's entry into the OECD.

The conference was opened by the Director General of Economic Diplomacy of the Ministry of Foreign Affairs, European Union and Cooperation, Luis Moreno; the president of the Spain-Brazil Council Foundation and CEO of Mapfre S.A., Antonio Huertas; the director of Casa de América, Antonio Pérez-Hernández; and the Brazilian ambassador to Spain, Pompeu Andreucci Neto.

In the first panel of the seminar, which was presented under the slogan: “Priorities and remains in the post-pandemic scenario: a governmental vision”, the assistant executive secretary of the Ministry of Mines and Energy, Bruno Eustáquio; the special assistant secretary for External Relations of the Executive Secretariat of the Civil House, Pedro Florêncio; the director of the Department of Structuring and Articulation of Associations of the Ministry of Infrastructure, Fábio Rogério Teixeira Dias de Almeida Carvalho; the Secretary for Transportation Associations of the Investment Associations Program, Thiago Costa Monteiro Caldeira; and the director of the Department for the Promotion of Services and Industry of the Ministry of Foreign Affairs, Ambassador Luiz Cesar Gasser.

In turn, in the second panel, entitled: "Perspectives of economic and trade relations Brazil-Spain: a vision of the private sector", participated the vice president of CEOE and president of the Institute of Economic Studies (IEE), Íñigo Fernández de Mesa ; the Director of Strategy and Corporate Affairs at Telefónica, Eduardo Navarro; the vice president of the Euroamérica Foundation and counselor of the Economic and Social Committee of the European Union, José Ignacio Salafranca; the Ibero-American Deputy Secretary, Ambassador Marcus Vinicius Pinta Gama; and the director of Industrial Development of the National Confederation of Industry of Brazil (CNI), Carlos Eduardo Abijaodi. The day was closed by the Brazilian Ambassador to Spain, Pompeu Andreucci Neto.

Bilateral relations: vision of the private sector

In his speech, the vice president of CEOE and president of the IEE, Íñigo Fernández de Mesa, highlighted that Brazil constitutes a key market for Spanish business interests, as it represents 40% of Latin American GDP; and praised the excellent bilateral relations, at the economic, commercial and institutional level. In this sense, Fernández spoke of the close collaboration between CEOE and its Brazilian counterpart, the National Confederation of Industries (CNI), with which it has organized, and will continue to do so, a large number of joint activities in recent years.

Spanish companies, Fernández said, have a large presence in sectors such as telecommunications, financial services, metallurgy and energy supply. And it has also identified, he added, numerous opportunities in infrastructure, management of water resources and the environment, gas and mining, automotive, agri-food and tourism.

Cooperation with the CNI, he stressed, also extends to the international and regional sphere, in Latin America and in Europe, through the relationship between both organizations in the defense of business interests within the International Organization of Employers, Global Business Coalition and Business at OECD. As well as through participation in business meetings held within the framework of the Ibero-American Summits of Heads of State and Government, and whose present edition will take place in Andorra in April 2021.

Íñigo Fernández made reference to the important role played by the Council of Ibero-American Entrepreneurs (CEIB), an institution backed by the International Organization of Employers (OIE), which brings together the 24 most important business organizations in all of Ibero-America, among which are of course Find the National Confederation of Industries (CNI) of Brazil. In this sense, he assured, such is the collaboration that unites us that, within the framework of the Ibero-American Forums of the MIPYME, which CEIB was going to organize together with the SEGIB, the fourth edition of the Forum with the support of the CNI. It was initially scheduled to be held in April 2020 in Brasilia and had to be postponed as a result of the pandemic, on a date yet to be determined.

The CEOE vice president recalled that on September 14, in his speech during the Forum "Ibero-American Dialogue – Thinking about SMEs first", organized by the CNI, SEBRAE, CEIB and SEGIB, highlighted the need to take care of small and medium-sized companies in the Region, given that they represent most of the Ibero-American business fabric and are responsible for most of the job creation. It considered crucial for its survival, to establish a regulatory framework that provides certainty, support the liquidity of SMEs and improve their access to financing, as well as avoid tax increases that further penalize companies that normally do not have as many reserves as large ones.

In the current context, and especially as a result of the pandemic, Fernández opted to promote the digitization of companies at all levels, avoiding the generation of more taxes, without increasing the tax burden, without higher costs or bureaucratic burdens and creating a framework attractive legal system, which includes legal certainty. He also explained that this process must be accompanied by the digitization of the Public Administration. On the other hand, he insisted on the importance of complementarity between companies from both countries, a model that should be based, in his opinion, on their internationalization. In this sense, the CEOE vice president highly valued the reforms announced by the Brazilian government, which focus on fiscal balance, opening up and improving competitiveness, reducing the unnecessary role of the public sector to free up the private sector, and various measures aimed at improving "Economic Freedom."

At the international level, Fernández continued, we businessmen value the support given by the Brazilian government to multilateralism. For this reason, he highlighted the government's support in promoting negotiations to secure the signing of the association agreement between the EU and Mercosur. An agreement, he stressed, that not only provides for a tariff disarmament, but also incorporates transcendental chapters in the areas related to investments, services, public procurement, intellectual property, regulatory cooperation or sustainability, aspects that, without a doubt, they form the basis of fruitful and productive business relationships, creating opportunities and favoring the diversification of supply chains.

Entrepreneurs, he stressed, have also welcomed with great satisfaction the request of the Brazilian government to join the OECD, an initiative that should have the full support of the European Union and Spain, as it would mean adapting the regulatory framework to the more demanding standards and the incorporation of Brazil into the group of the most advanced countries in the world.

In short, in Íñigo Fernández's opinion, the presence of our companies in both countries, promoting and maintaining investment, and working for a regional agreement such as MERCOSUR, should be priority issues for both Brazil and Spain. "It is not a one-day job, but a work of continuity, effort and enthusiasm to materialize the commitments of the business sector and the public sector together for the economic and social development of both countries," he concluded.

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