The president of CaixaBank, José Ignacio Goirigolzarri, called this Friday during the general meeting of shareholders of CaixaBank for a process of fiscal consolidation of public finances that “is credible, sustainable and intended to be fulfilled, with the aim of reducing the high level of our public debt which is, without a doubt, a risk factor for our economy”.
This was expressed in the meeting that is being held this Friday at the Valencia Conference Centre, where he assured that, predictably, the growth of the Spanish economy “will go from less to more thanks to the containment of inflation and the probable interest rate cuts that, ultimately, will be a stimulus for activity.” Likewise, Goirigolzarri has also pointed out the importance of the Next Generation European funds, due to the acceleration rate achieved in their deployment.
In his speech, Goirigolzarri has drawn an economic scenario of “growing interventionism” in which there is also a “questioning of multilateralism.” A complex context in which the entity, the manager has assured, the Spanish economy “has positively surprised us.”
With the economy performing “better than expected” last year and the forecast for 2024 in crescendo, the president of CaixaBank has pointed out that the greatest vulnerability of the Spanish economy is “its public accounts and the most worrying point is its little growth”.
(There will be an extension)
