Legislative news: Analysis of measures relating to the RED Mechanism under RD-L 4/2022

On 16 March 2022, a Royal Decree was published in Official Gazette No 64, due to come into force on 17 March 2022. While there has been no relevant regulatory development, certain matters relating to the Network Mechanism are presented:

1. Royal Decree-Law 4/2022, dated 15 March, which adopts urgent measures to support the agrarian sector owing to the drought (RD-L 4/2022).

The purpose of this Royal Decree is specifically to compile a set of urgent measures to support the agrarian sector, in order to alleviate the consequences suffered by said sector due to drought-related climate conditions, alongside the sharp increase in input prices owing to the supply crisis currently affecting the world economy due the situation in Ukraine, which in turn is threatening the food production sector. Likewise, the aforementioned RD includes measures relating to tax and Social Security matters.

Consult the analysis of the Royal Decree Law at the following link.