Rajoy adventure that Spain will grow by over 2% in 2015 – HOME

Rajoy adventure that Spain will grow by over 2% in 2015 – HOME

The Spanish prime minister, Mariano Rajoy, on his arrival in Veracruz (Mexico), which participate in the XXIV Summit of Heads of State and Government / EFE

Mariano Rajoy has taken today its first public event in Veracruz (Mexico), the day before the start of the XXIV Iberoamerican Summit of Heads of State and Government, to sell the improved economic situation in Spain and the success of structural reforms implemented by the government. “Spain is again a magnificent country of opportunities to invest,” he proclaimed, before an audience of entrepreneurs and managers of companies on both sides of the Atlantic

Among the entrepreneurs present were Carlos Slim Domit, son of Mexican magnate of the same name and president of Temex, or Spanish Ignacio Sanchez Galan (Iberdrola) and Pablo Isla (Inditex). Rajoy recalled that two years ago at the G-20 in Los Cayos (Mexico), many countries asked him and even demanded that he asked for a ransom, while in the recent summit of the same group in Brisbane (Australia) he was invited to explain how growth-enhancing reforms. “Today has nobody talks Rescue Spain, the breakup of the euro or two categories of countries in the euro, the smart and not so smart”, stressed satisfied, not without recognizing that the road has been “hard and difficult “and that the Spanish society has had to make” significant efforts. ” “Being a right-wing government,” he confessed, “I had to nationalize three banks and some non-minor”

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Being right-wing government had to nationalize three banks and some non-minor “

Rajoy has boasted that Spain is no longer in recession but in the last quarter has grown by above the European average (0.5% vs. 0.2%) and will be at the end of the year and next year the country to grow and create more jobs in the euro zone. It has even ventured to predict that in 2015 the Spanish economy will grow above 2% expected by the government-the IMF and the European Commission are more cautious and attribute 1.7% – as long as you keep the exchange rate the euro and the low prices of raw materials. Deficit reduction, balance of trade balance or zero inflation are other successes he has put forward, bypassing the risk of deflation that some experts warn.

The Prime Minister has been the case of Spain as a model for Latin America and said that the key to success lies in reducing the deficit and debt, along with the liberalization of the economy to make it more flexible. “If the structural situation is good, the crisis has passed,” he said.

He has acknowledged that the evolution of the Spanish economy also depends “on what makes Europe” and has been in favor of greater economic integration with a digital single market also energy and a greater role for the Central Bank. He even recognized the need to increase public investment, “to see if we can together” he said, referring to announced by the new Commission President, Jean-Claude Juncker plan.

Meanwhile, at the closing ceremony of the same forum, King Philip VI also stressed that Spain is regaining its economic growth but above all, has committed to facilitate the development of the “multinationals”, so that the Iberian companies expand into Asia across America, and the Peninsula serves American as a gateway to Europe and recalled that Mexico is already the first non-European investor in Spain, “Growth and trade exchange and investment are prerequisites to achieve levels of welfare for all, to achieve a better distribution of wealth and to effectively fight the scourge of unemployment, “he said, stressing that beat latter is a challenge, and that hampers the future of youth and the whole society.