Linde says reforms should focus on ‘twin engines of growth’
The Spanish government should stimulate demographic growth and increased productivity – the "twin engines of economic growth" – according to Bank of Spain governor Luis Linde.
Linde told an audience at the College of Civil Engineers and Ports, in Madrid, that the Spanish authorities should take action "as far as possible" to mitigate the country's ageing population.
Government figures suggest around 30% of Spain's population will be aged 65 or over in 2050. He acknowledged this was a result of
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