Thursday, January 18, 2024

Davos: Pedro Sánchez defended Spain's entry into Telefónica and warned of the challenges of AI governance

The president expressed his opposition to a drastic reduction of the public sector. This follows the government's decision to enter the operator's capital by acquiring 10% of the capital stock.

The Spanish President Pedro Sánchez's presence at the World Economic Forum conveyed various messages linked to the technological sector. In his speech, delivered after the presentation by his Argentine counterpart, Javier Milei, the Iberian leader expressed opposition to a drastic reduction in the public sector: "Spaniards know that neoliberal policies do not work, that the option of reducing the size of the public sector and leaving citizens and small businesses alone when problems arise makes no sense. When we collaborate and stand together, we are stronger," he emphasized.

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