Spanish economy to weaken in 2024: “It will take a little scalpel”


Santiago Corbo, Director of Financial Studies at FUNCAS, x-rays our economy and the main challenges we will face in 2024.

How does Spain's economy start the year?

Let's examine the behavior of our economy in the new year with the help of Santiago Corbo is Professor of Economic Analysis at the University of Valencia and Director of Financial Studies at Funcas.

Spain's growth weakens in 2024: “some scalpel will be needed”

Santiago Corbo, Director of Financial Studies at FUNCAS, x-rays our economy and the main challenges we will face in 2024.

Spain begins 2024 with a slowdown in its economic growth, above all due to the rate increases of the previous year. According to our capital guest, this effect will continue to be felt in our country in the coming quarters.

“Jobs will continue to be created, but at a slower rate. After a good year it will be very difficult to bring the unemployment rate down.”

In business matters, the SMEs They are facing difficulties in adjusting their salary for a year. “Increase in SMI affects its reliability”Santiago Garbo says.

He feels that it is necessary to encourage the growth of these small and medium enterprises, which is not going to happen in 2024. “No time for relief.He insists.

“Pension growth cannot sustain this rate of increase. More education is needed to increase the productivity and well-being of society as a whole.”

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