Garamendi defends that he will hold jobs but many SMEs may fall


The president of the CEOE, Antonio Garamendi, has analyzed the current situation in Spain and has avoided talking about a “recession” despite the forecasts of two quarters of negative economic growth, although he has predicted that “we know that employment will hold” but also “probably there will be a significant drop in SMEs”.

This is how Garamendi expressed himself at a business meeting held today at the headquarters of the Navarra Business Confederation (CEN), in Pamplona, ​​where he has conveyed to Navarre businessmen the need for their companies to adapt to the new processes with professional profiles as well chords, a essential evolution at a time when the words “digitalisation, circular economy, investment and innovation in intangibles” are the future.

It is in this context that Navarrese businessmen have been encouraged to open their eyes to the evolution of needs because “in a few years we will not know 80% of the jobs and 50% of the jobs we know today may not exist”. “Adapt processes to the new, on the one hand, and, on the other hand, the search for professionals who know how to do it”, he stressed.

In statements prior to the event, Garamendi warned the media that the important message for businessmen is that “companies are not the problem, we are the solution“, and for this he calls for “a favorable climate for companies to work. And by the companies I mean the sum of the shareholders, directors, workers, clients…”.

“It seems that lack of legal certainty, regulatory stability and standard quality”, pointed out a very upset Garamendi with the “taxes and laws on demand” that he has said he has seen in recent times, which “creates insecurity when it comes to investing”, something also not favorable to attract the confidence of foreign capital.

Regarding the electoral process that next week will culminate with the elections for the CEOE presidency, which he chooses to continue showing off against the new candidate Virginia Guinda, Garamendi has thanked the express support conveyed by the CEN, and has conveyed his perception these days from all business organizations in Spain that “support is virtually unanimous“.

In fact, he has assured that he is presenting himself to repeat in the position “because the organizations have told me to continue”, although he has also transferred his “enormous respect for the electoral process“, that you have to “see it normally” and that it will culminate on Wednesday.


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