Portal de Cartagena
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Deputy Mayor Agustin Guillen has received this morning Emilio Ontiveros, who has been responsible for closing the cycle of conferences organized by the Association of Young Entrepreneurs of Cartagena (AJE) on the occasion of its tenth anniversary.
Ontiveros has been accompanied by the Councillor for Employment, Javier Herrero, and President of the AJE, Pedro Pablo Hernández.
Asked by journalists, Ontiveros noted that financial and economic crisis in Spain is unlikely to recover next, but a deepening crisis in 2009 to disturbing levels.
The problem of the Spanish economy is the lack of demand and the fall in demand will lead to more people outside the labor market, which will reach an unemployment rate than the rest of Europe, about 19% is say, more than four million unemployed, he said.
According Ontiveros, the Spanish labor market problem is the high rate of temporary contracts, many of them in an industry that has collapsed, as residential construction, and flexibility in termination.
For the economist, the approach could be to implement active policies like the ones conducting the United States at this time, using the taxes of future years and borrowing to contain the fall in demand, compensating for the inhibition of the private sector .
Emilio Ontiveros is founder and president of International Financial Analyst (AFI).
He is also president of Technology, Information and Finance, School of Applied Finance and Global AFInet (all Group companies Afi).
Born in Ciudad Real, a degree and a doctorate in economics.
He worked for over seven years in national industrial companies before starting his career as a university professor.
Since 1985, Professor Business Economics at the Autonomous University of Madrid, where he was Vice President for four years.
Source: Ayuntamiento de Cartagena
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