Ignacio Marco-Gardoqui: We, like Snow White




We have been delighted for a few weeks with the economic data that appears. The GDP it grows overwhelmingly, among other things because we compare it with the quarter of the ‘collapse’ of the second of 2020. Employment is recovering due to the return to normality, enabled by the disappearance of restrictions on mobility. The take-off of the contagions has not managed to overcome the fear of the Government to impose a reverse gear in the de-escalation, now that the holidays arrive. It is true that the CPI stretches the neck, but experts say that it is temporary that we should not worry and if someone cares they should hear the ECB that healing in health has made the objective more flexible to continue watering some states


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