Garamendi demands political stability and moderation from the Government for the revival of the economy

Casa Mediterráneo welcomed yesterday First edition of Forinvest outside of Valencia in 16 yearsAn appointment that brings together one hundred professionals from the world of business, economics and business. One of the highlights of the event was the roundtable entitled “Keys to recovery and employment in an inflationary context” led by Antonio Garamendi and Salvador Navarro and moderated by María Pomares, editor-in-chief of Economic and Information Policy.

When asked about the challenges facing the economy following the health crisis and the start of the war in Ukraine, the CEOE chief stressed that despite the recovery, pre-pandemic levels have not yet recovered. In this sense, he mentioned the issues that he found worrying. higher inflation, higher taxes or higher interest ratesThis is why the EC stresses the need to activate formulas based on “political stability, institutional loyalty and legal certainty as well as moderation” to improve the economy. Therefore, referring to the attacks from the Government at the hands of Podemos, “Companies and businessmen should not be demonized because they are wealth generators. It seems that we are the enemy of the homeland, whereas in reality we can be the solution ».

Garamendi also called for respect for Ferrovial’s departure, emphasizing that 90% of its business is outside of Spain, employing more than 5,500 people in the country and paying 280m euros in taxes in the same region. «As far as I know – he said – it is located within the EU and the Netherlands is a European country, not a tax haven».

In his speech, the CEOE president also mentioned that EU funds should be applied properly and with investments that benefit all regions. Same way, He claimed that the state of Alicante has an “impressive” economic future thanks to its strong digital ecosystem.despite emphasizing the need to revive the sector on the basis that their jobs are better paid and this has a repulsive effect on services.

Salvador Navarro regretted that Spain was “one of the countries with the highest tax burden”., criticizing the “absolute neglect” of the central government in terms of infrastructure in Alicante, while calling for cooperation. “Alicante’s problems are those of the Community as a whole,” he stressed.

Finally, both Garamendi and Navarro faced criticism for not supporting an interprofessional minimum wage increase. Valued 240 contracts accepted in the Community of Valencia and nine million workers with contracts already in effect in Spain.

perspectives

Forinvest session, Banco Santander’s Concepción Sanz; Santiago Martínez from Ibercaja; and Mapfre’s Juan Pérez agree when it comes to pointing out that increases in inflation and interest rates are the two major variables that will mark the development of a better-than-expected panorama. Mila Sycheva from Digital District; Nieves Lozano of Accenture; and Sonia Calvo from Nunsys highlighted the good investment opportunities Alicante offers thanks to its digital ecosystem and communication.