Calviño places the objective of achieving full effective employment throughout the legislature

The achievement of full effective employment in the Spanish economy is one of the main objectives that the Vice President of Economic Affairs, Nadia Calviño, has set this afternoon in S'Agaró in view of the new legislature that is now beginning.

Oliver Thansan
Oliver Thansan
24 November 2023 Friday 21:25
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Calviño places the objective of achieving full effective employment throughout the legislature

The achievement of full effective employment in the Spanish economy is one of the main objectives that the Vice President of Economic Affairs, Nadia Calviño, has set this afternoon in S'Agaró in view of the new legislature that is now beginning. However, this objective seems very far away considering that according to the INE, the unemployment rate stands at 11.8%.

In a recorded video, the head of the economy of the Government of Pedro Sánchez has closed the XXVIII Economic Meeting in S'Agaró. Calviño has assured that it has been precisely the dynamism of the labor market in these years that has allowed the Spanish economy to advance more than other surrounding countries. "The differential growth of the Spanish economy is based on the dynamism of the labor market," she added.

But he has also warned that the current situation is one of "high uncertainty and slowdown of the European economy in an intense technological change to respond to climate change." Precisely one of today's debates in S'Agaró revolved around energy transformation and sustainability. The president of Enagás, Antoni Llardén, pointed out the need to advance in the transformation of the model and has positioned hydrogen as one of the fuels of the future. The director of Agbar Barcelona and the Balearic Islands, Narciso Barberana, has opted for regenerated water to solve drought problems.

During the brief recorded speech, the vice president indicated that the axes of economic policy in the coming years will be "fiscal responsibility, social justice and reforms." The politician has also highlighted that "we must certainly avoid complacency because the challenges are enormous."

The last colloquium focused on SMEs, where the president of Pimec, Antonio Cañete, has called for legislating with little ones in mind. Previously, in the session on geopolitics, Guillem Colom, advisor to the JEMAD-General Staff of Defense, pointed out the importance of a united European security.