The IMF have issued a warning today to investors that Spain is regarded as a ‘considerable risk’ economy and not out of danger. I think this forum community already knows that.
An amusing statement from Salgado: 😆 Finance Minister Elena Salgado said the IMF report is “extraordinarily positive.” The fund said that authorities “undertook a series of measures targeting the main economic problems facing the country.”
“I don’t see here that they are telling us that we have to make changes,” Salgado said in a telephone interview yesterday in Madrid. “The core of the labor reforms is in place already.”
Quite Shakeel, hence my cynical laughter at her comments.
The government seem to think they are doing all they can, that’s why youth unemployment is 44% and general unemployment 24%. 👿
For a start they could rid Spain of the ‘indefinida’ contracts which gives lazy useless employees jobs for life.
The IMF have issued a warning today to investors that Spain is regarded as a ‘considerable risk’ economy and not out of danger. I think this forum community already knows that.
An amusing statement from Salgado: 😆 Finance Minister Elena Salgado said the IMF report is “extraordinarily positive.” The fund said that authorities “undertook a series of measures targeting the main economic problems facing the country.”
“I don’t see here that they are telling us that we have to make changes,” Salgado said in a telephone interview yesterday in Madrid. “The core of the labor reforms is in place already.”
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