This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La actividad del metal registra en 2009 el peor dato de los últimos 30 años
The activity of the metal records in 2009 the worst figure for the last 30 years
24/09/2010
September 24, 2010
On the occasion of the Executive Committee of the Spanish Confederation of organizations business of Metal (Confemetal) of the Business Federation metallurgical Valencian (Femeval), the Presidents of the two organizations, Carlos Pérez de Bricius and Vicente Lafuente on 21 September at the headquartersThey analyzed the situation facing the metalworking sector and raised suggestions for improvement to promote a rebound in business activity.
During the meeting, they agreed to indicate that fiscal 2009 was for the sector of the metal the worst in decades. The activity reached annual average index nearly 30 points more than in 2005, which is the worst figure for the last thirty years. In rates of change, the productive activity of the metal in Spain dropped - 24.6 per cent of annual average and Valencia experienced a fall of 17.8%. However, during the first half of 2010 the data offer better rates of variation, although activity rates remain very low.
The seat of the Valencian metallurgical Business Federation was part of the meeting of the Executive Committee of Confemetal.
With regard to the actions that should be undertaken on an urgent basis, Confemetal and Femeval suggest that the recovery is going through:
- Reactivate the demand by providing means of payment in the hands of the public, so that the consumption increase and with it the productive activity, as well as the services and trading linked to the industry, with improvement of the conditions in the access to private creditstimulus funding and tax on purchases of certain goods,
- implement specific measures of support to strategic sectors, to promote the activity of other productive sectors, such as infrastructure, transport and communications and energy,
- streamline expensive administrative procedures and reduce the maximum terms of payment, starting with the own public administrations, which should introduce an ethical and exemplary code of conduct to encourage the fulfilment of the obligations of payment by the debtor,
- improve and make more flexible the conditions of access to credit and allow refinancing the debt faced by public administrations to businesses, with zero cost,
- expand, promote and report on resources and lines of support for the financing of businesses and industries through an improvement of the conditions of the ICO, which credits finally fail to SMEs by the harshness of their requirements,
- improving the financial situation of companies expanding and making them flexible deadlines to pay VAT, and implementing mechanisms so that companies can deduct VAT of uncollected bills, that they have to face tax without having even been able to collect,
- the same extension and flexibility should apply to payments to Social Security, without interest. In addition, lower fees to encourage the creation of employment,
- increase deductions on r & d, as a measure of investment promotion, benefiting industries linked to these activities and that a medium and long term would favour competitiveness in companies,
- reduce the corporation tax, as an additional measure to achieve liquidity which would also foster business competitiveness.
