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00:53
Spanish economist on Spain's growth prospects
STORY: Spanish economist on Spain's growth prospects
SHOOTING TIME: Jan. 10, 2025
DATELINE: Jan. 11, 2025
LENGTH: 00:00:52
LOCATION: BARCELONA, Spain
CATEGORY: ECONOMY
SHOTLIST:
1. SOUNDBITE (Catalan): MONTSERRAT GUILLEN, Professor of Economics at Barcelona University
STORYLINE:
SOUNDBITE (Catalan): MONTSERRAT GUILLEN, Professor of Economics at Barcelona University
"The outlook for 2025 (in Spain) is a year of growth, with prices not expected to rise sharply because of the ongoing monetary policies of the European Central Bank that have ensured that inflation does not get out of control.
Average salaries in Spain tend to be relatively low because many jobs are in service industries. For example, the hospitality and tourism sectors do not require highly-qualified workers and so the salaries in these sectors are not very high.
The investment capacity of entrepreneurs must be maintained. Companies must have projects with a guarantee that there will be no major changes in the coming years. When a company wants to do a project that involves more jobs and the potential to generate funds, it must have the assurance that in the coming years there will be stability."
Xinhua News Agency correspondents reporting from Barcelona, Spain.
(XHTV)
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