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Spain to bring in permanent UBI

Spain is set to become the first European nation to bring in a universal basic income in response to COVID-19, with a statement that the plan is for it to be a permanent thing that remains in place after the pandemic has ended.

According to the Independent:

Minister for economic affairs Nadia Calvino told Spanish broadcaster La Sexta on Sunday night that the move was intended to help families during the pandemic.

But Ms Calvino, who is also deputy prime minister, said the government’s ambition was that UBI could become something that “stays forever, that becomes a structural instrument, a permanent instrument.”

Coronavirus: Spain to become first country in Europe to roll out universal basic income

This is an exciting development and it will be very interesting to see if other countries follow suit and whether or not the Spanish government lives up to their stated commitment to making UBI a permanent institution even after the pandemic.