NewsWorldLive: Pedro Sánchez's press conference in New York

Live: Pedro Sánchez’s press conference in New York

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The President of the Government appears before the media from the residence of the Ambassador of Spain to the UN The President of the Government offers a press conference from the residence of the Permanent Ambassador of Spain to the United Nations, starting at 9:00 p.m. (Spanish peninsular time), in New York. He can follow her live on NIUS. This is Sánchez’s last public act on a day in which he has met with representatives of large US investment funds to present investment opportunities in Spain, according to Moncloa. Among those present were representatives of the American Chamber of Commerce, the JP Morgan bank or KKR, the multinational investment fund and venture capital. The meeting took place after the Minister of Finance and Public Administration, María Jesús Montero, announced this morning that the Government will apply a tax on large fortunes, which will be temporary and will apply from January 1. However, he has not clarified the formula he is studying to increase taxes on large incomes and assets. Sánchez himself has recounted his meeting with North American investors on his Twitter account, stating that he has explained the possibilities of investment in Spain and highlighting the ” good economic prospects” for our country which, he said, “is moving towards a green and digital future”. “We are the most advanced country in Europe in the execution of European funds,” he specified in a note on the social network. According to Moncloa, the meeting was attended by officials from Ares Management (an alternative investment manager that operates in the credit, private equity, and real estate markets); Carlyle Grup (investment firm); the largest US bank, JP Morgan; KKR (multinational investment fund management and venture capital); L-Catterton (investor in all segments of the consumer industry); Providence Equity (investment company focused on investments in media, education and information and AmCham, the Chamber of Commerce of the United States. The meeting took place at the Economic and Commercial Office of Spain, to discuss the prospects macroeconomics of Spain in the current geopolitical context and investment opportunities in our country.Sánchez has also addressed the fight against inflation and interest rate rises, the energy crisis and high energy prices.But he has also reviewed the major axes of future growth promoted by the Government of Spain based on the digital and green agenda, such as the design and production of semiconductors, the electric vehicle and the green hydrogen economy. Before this group of businessmen, the President of the Government has shown his confidence in the strength of the Spanish economy, has detailed the progress of the Recovery, Transformation and Resilience Plan, and has explained this the measures that he is carrying out in other matters such as the fight against climate change.

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