{"id":32486,"date":"2022-05-29T21:00:00","date_gmt":"2022-05-29T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=32486"},"modified":"2022-07-01T08:55:48","modified_gmt":"2022-07-01T06:55:48","slug":"davos-gives-spain-thumbs-up-performance","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/davos-gives-spain-thumbs-up-performance\/","title":{"rendered":"Davos gives Spain a thumbs-up for its performance"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>In a context of global geopolitical and economic pessimism, world leaders met last week at the annual meeting of the World Economic Forum in Davos. Mireia Cano, Team Leader at 11Onze, summarises the highlights in a new episode of Estat de la Naci\u00f3.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The atmosphere was as gloomy as the clouds hovering over the Swiss Alps. During this year&#8217;s geopolitically dominated talks, some foresaw <\/span><b>regional pockets of recession in countries &#8211; especially on the European continent &#8211; directly exposed to the Ukrainian conflict<\/b><span style=\"font-weight: 400;\"> and global supply chain problems, while others painted an equally grim global picture.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ukrainian war, added to other factors such as runaway inflation and an agri-food crisis that may have global repercussions, are rightly worrying business leaders. As Cano explains, &#8220;the managing director of the International Monetary Fund, Kristalina Georgieva, warned that <\/span><b>the coming situation is one of the most critical since the Second World Wa<\/b><span style=\"font-weight: 400;\"><strong>r<\/strong>&#8220;.<\/span><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component gallery\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-lg-10 offset-lg-1\">\n        <div id=\"slider\" class=\"carousel slide\">\n          <div class=\"carousel-inner\">\n            <div class=\"carousel-item active video-player inline-player\" data-video-id=\"6306997601112\">\n              <img decoding=\"async\" class=\"d-block w-100\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/05\/THUMBNAIL_ESTAT_NACIO_67-3.jpg\" alt=\"\">\n              <button type=\"button\" class=\"play\"><\/button>\n              <div class=\"carousel-caption\">\n                <p>\u201cSpain is given credit for good management\u201d<\/p>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>Default rate could slow down the recovery in Spain<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The Spanish President, <\/span><b>Pedro S\u00e1nchez, went out of his way to give an optimistic view of the strength of the Spanish economy<\/b><span style=\"font-weight: 400;\">. In this sense, he enthusiastically detailed the keys to the recovery, answering the question of the forum&#8217;s president, B\u00f8rge Brende, on the recipe for success for the restart of the Spanish economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even so, there are still challenges to be resolved that could jeopardise this recovery. As Cano explains, despite the fact that &#8220;Spain has been given credit for good economic management, because unemployment has fallen and investments and reforms have been made&#8221;, one cannot lose sight of the fact that &#8220;a few weeks ago <\/span><b>the Bank of Spain itself warned of a more than likely increase in default risk<\/b><span style=\"font-weight: 400;\"> because companies and families will not be able to repay the loans&#8221;. Therefore, Mireia Cano points out that &#8220;perhaps they want to see the glass as half full&#8221;.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>If you want to discover the best option to protect your savings, enter <\/b><a href=\"https:\/\/serveis.11onze.cat\/en\/preciosos-11onze\" target=\"_blank\" rel=\"noopener\"><b>Preciosos 11Onze<\/b><\/a><b>. We will help you buy at the best price the safe-haven asset par excellence: physical gold.<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>If you liked this article, we recommend you read:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/recession-fears-davos\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/05\/THUMBNAIL_WORLD_ECONOMIC_FORUM.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Recession fears hang over Davos<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">The world\u2019s economic elite gathered this week in the Swiss<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/power-map-94-trillion-world\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/01\/HEROIMAGE_MAPA_PODER_MON_94B_DOLARS-800x276.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>A $94 trillion world<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">The world economy is worth 94 trillion dollars. 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