On March 29, 2022, the Council of Ministers approved Royal Decree-Law 6/2022, of March 29, 2022, published in the BOE on the same day, adopting urgent measures within the framework of the National Plan of response to the economic and social consequences of the war in Ukraine, approved yesterday by the Council of Ministers.
The plan will mobilize 16,000 million euros, with 6,000 million euros in aid and tax rebates and 10,000 million euros in ICO credits, and is organized in five axes:
- Families, workers and displaced persons.
- Economic and business fabric.
- Transportation.
- Cybersecurity.
- Energy.
Among the main topics discussed were:
- Aid to families and workers.
- Limitation of rents.
- A 15% increase in the minimum living income.
- Electricity social voucher for 1.9 million households.
- New line of 10,000 million in ICO guarantees.
- Aid for the agricultural and fishing sector.
- Aid to the electro-intensive and gas-intensive industry.
- Incentives to the cultural industry.
- More than 1,000 million to the transportation sector.
- Promotion of renewable energies.
- Social security contributions for companies.
- Facilities to Ukrainian refugees.
- Reception of refugees.
- Protection of vulnerable people.
- Measures in the educational field.
- Energy efficiency of the Administration.
- Measures for the assurance of food labeling.
The 160-page Royal Decree-Law is structured in an expository part and an operative part, consisting of four titles, divided into 51 articles, 20 additional provisions, 8 transitory provisions, one derogatory provision and 43 final provisions.
The regulation enters into force the day after its publication in the BOE.
Since it is a Royal Decree-Law, the Congress of Deputies must vote on its validation or repeal within the next 30 days. In the event of a vote on its validation, this may be in all its terms or its processing as a bill may be agreed, which could give rise to the introduction of modifications to the text through amendments by the parliamentary groups.
Our Regulation & Public Policy team has analyzed the contents of the Royal Decree-Law and has prepared an analysis of the same: