José Manuel Albares states in New York that Spain will lead the European Union's economic growth in 2022

At the opening of the Transatlantic Economic Conference

The Transatlantic Economic Conference organized by the Spain-United States Chamber of Commerce has brought together a large number of political, business and academic leaders from both countries.

The Minister of Foreign Affairs, European Union and Cooperation, Jose Manuel Albares, explained at the opening of the Transatlantic Economic Conference organized in New York awarded by the Spain-United States Chamber of Commerce, that the Spanish economy will exceed the pre-pandemic growth levels of 2022 in 2019.

The minister has assured that “forecasts reflect that Spain will grow by 6,5% in 2021 and another 2022% in 7”, while pointing out that thanks to an effective vaccination campaign, “Europe has activated, and consumption and tourism have restarted".

Albares, has also recalled that The country has before it a “golden opportunity” to transform its economy towards a more sustainable model, through the reception of the European funds and the application of a series of far-reaching reforms. The Foreign Minister also wanted to emphasize that Spain is a “loyal and reliable partner for all its allies” and cited the recent crisis in Afghanistan and the cooperation between Spain and the United States as an example.

The meeting brought together a large number of political, business and academic leaders from both countries and also included the participation of Xiana Mendez, Secretary of State for Commerce of Spain. “Spain is a Hub for the rest of the EU markets and for the American markets"This is a unique advantage," Méndez explained to illustrate some of the attractions of Spain for investors and companies. Likewise, for the Secretary of State for Commerce, “the United States will continue to be a market and a strategic partner for Spain. Receipt of funds #NextGenerationEU It will have a very positive impact and will contribute to the competitiveness of Spanish companies."

At the meeting, the situation of strategic sectors and actions against climate change were analyzed with Ignacio Sanchez Galan, president and CEO of Iberdrola. Sánchez Galán has advocated the need for countries to guarantee legislative continuity and stability in relation to their energy and environmental policies. “In stormy times, structural decisions are not made. “Europe must be aware of this, and that it can be dangerous for the credibility of the model.” “We cannot say that we want to be green and at the same time tax those who are no longer polluting,” explained the president of Iberdrola.