Calvino on Inflation, Minimum Wage Pledge and Growth

The transcript discusses Spain's economic recovery, comparing it with Italy's, and highlights the impact of inflation and energy prices. It covers the government's approach to increasing the minimum wage and its fiscal policy, including debt issuance. The focus is on prudent economic forecasts, sustainable growth, and reducing inequalities.

What is the expected economic growth rate for Spain next year?

• 6.5%

• 8%

• 5%

• 7%

Which sector was significantly impacted in both Spain and Italy due to the pandemic?

• Technology

• Agriculture

• Tourism and Hospitality

• Manufacturing

What is the main reason for the current spike in inflation according to the transcript?

• Temporary recovery feature

• Structural economic changes

• Permanent market adjustments

• Long-term policy shifts

How is the Spanish government addressing the impact of rising energy prices on families?

• Increasing taxes

• Decoupling wholesale market prices from monthly payments

• Reducing energy consumption

• Subsidizing energy companies

What has been a key policy priority for the Spanish government in response to economic challenges?

• Increasing the minimum wage

• Expanding the tourism sector

• Lowering taxes

• Reducing public spending

What is the target for the minimum wage in Spain according to the government's plan?

• 50% of the average wage

• 80% of the average wage

• 60% of the average wage

• 70% of the average wage

What has been the effect of favorable capital markets on Spain's debt management?

• Increased interest rates

• Shortened debt maturity

• Extended debt maturity and reduced interest rates

• Increased debt issuance