Spanish governor calls for consolidation and reforms to preserve growth

Pablo Hernández de Cos
Photo: Banco de España

The governor of the Bank of Spain, Pablo Hernández de Cos, called on authorities to reduce public debt levels and resume structural reforms in order to preserve growth.

In a speech in Madrid on January 14, Hernández de Cos warned the improved performance of Spanish exports since the financial crisis could suffer due to global protectionist measures and Brexit.

Against this backdrop, the governor recommended the new coalition government “move forward in cleaning up the public accounts, in order

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