Governor of Bank of Spain

So that Spain is more competitive and so that it increases his rate of growth. Although it says that " europea&quot will not take to us to locate the rate of unemployment in the average;. The governor of the Bank of Spain, Miguel Angel Fernandez Ordo’6nez, has remembered east Thursday that the reform of the labor frame is " essential to increase to the productivity " , so that Spain is more competitive and so that it increases his rate of growth. In their participation in XXVII the Day of the Circle of Economy, Fernandez Ordo’6nez has rejected to speak directly on the fact that supervisory and unions they have not reached an agreement on the reform of the collective negotiation. However, on the labor reform, Fernandez Ordo’6nez has recognized who " a reform of this type would not quickly take to us to locate our rate of unemployment in the European average, that is below the 10% ". Nevertheless, the governor has asserted that " a reduction of the rate of unemployment, by modest that outside at the outset, would have very favorable consequences on the confidence internal and external in the economy espaola". " The reform of the labor frame is essential to increase the productivity and, thus, to recover the competitiveness and to increase to our rate of growth " , it has concluded Fernandez Ordo’6nez. Source of the news: The governor of the Bank of Spain insists on which the labor reform " he is imprescindible".