'A New Era for Productivity'
The Financial Times returned to Madrid for its second annual Spain Summit, which brought together government leaders, heads of industry, policy-makers and international investors to assess the country’s political and economic outlook within a European and global context.
Following a rapid economic turnaround last year, Spain now has the fastest expected growth rate out of all eurozone countries for 2015. The hope is for the recovery to be self-reinforcing, but unemployment is still high despite improvements in the labour market and a deepening social crisis shows that the economic recovery does not yet fully resonate with the whole population. Mobilising the country’s youth, increasing productivity, and lowering budget deficit remain top priorities.
In the build-up to the general election and with the prospect of a Catalan referendum lying ahead, how do political leaders plan to address Spain’s most pressing economic and political concerns? How can Spain build its resilience in the face of wider economic developments, and what action can government and industry leaders take to ensure long-term growth and productivity?