• Nadia Calviño has participated in London in City Week 2019, one of the main meetings of managers of financial services companies
  • He has also held a series of meetings with international investors, habitual in his agenda, which will continue tomorrow in Paris

The Minister of Economy and Business, Nadia Calviño, has participated in the ninth edition of City Week, organized by the International Financial Services Forum, which brings together executives from the main financial services companies every year in London.

In his speech, he highlighted the strength of the Spanish economy. Thus, it has highlighted that growth will continue to remain above the average of the euro zone and its main partners, with a forecast increase in GDP of 2.2% for 2019: "a prudent estimate and in line with the forecasts of the main organisms. "

The minister reiterated the Government's commitment to debt reduction and budgetary discipline, which has allowed Spain to reduce the deficit to 2.5% of GDP in 2018 and exit the excessive deficit procedure of the European Union after 10 years: "we hope to reduce the deficit to 2% of GDP in 2019 and maintain this trend in the coming years until reaching the budget balance in 2022."

This commitment to fiscal consolidation is accompanied by a social agenda, focused on reducing inequalities, and structural reforms aimed at increasing potential growth and facing future challenges such as climate change, digitalization and technological changes.

Also, the minister has held several meetings with international investors, usual in its agenda, which will continue tomorrow in Paris.



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