Here’s the translation into American English:
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In a significant gesture towards supporting the Social Economy, Nikolay Yordanov, General Director of Self-Employed and Entrepreneurship for the Community of Madrid, announced an increase of over five million euros in the budget allocated for this sector, which will begin to take effect in 2026. This announcement was made during the latest Board of Directors meeting of FECOMA, held at the Arganda Wine Cooperative, where various concerns from the cooperative families in the region were addressed in areas such as employment, education, agrifood, transportation, housing, and consumption.
The meeting, chaired by Carlos Jiménez and Vidal García, included the participation of representatives from several cooperatives and the mayor of Arganda del Rey, Alberto Escribano. Yordanov emphasized the importance of cooperatives as a driving force for sustainable entrepreneurship, highlighting that the Social Economy creates thousands of jobs in the community. “This sector has our full support,” he stated firmly.
Carlos Jiménez, president of FECOMA, positively valued Yordanov’s visit, seeing it as the start of a new phase of collaboration that will benefit both the Community of Madrid and the Social Economy sector. Jiménez emphasized that public investment in this field not only contributes to wealth but also strengthens territorial cohesion.
Cipri Guillén, spokesperson for the host cooperative, expressed pride in the institutional recognition and the opportunity to host this event, highlighting that their cooperative continues to expand and consolidate, thanks to the incorporation of new members.
Mayor Escribano also highlighted the significance of Arganda as the host city for the meeting, considering the cooperative a symbol of local identity. He also announced the forthcoming revival of the Arganda del Rey Wine Fair, a significant event for the community.
The day concluded with a guided tour of the cooperative’s facilities, accompanied by a wine tasting and a lunch that promoted strengthening ties among the different entities in the sector, thereby consolidating a shared path towards the future of the Social Economy in the region.
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Referrer: MiMub in Spanish
