Canary Islands business owners call for improved competitiveness in the face of the "fragility of the Eurozone"

The Canary Islands Confederation of Entrepreneurs (CCE) calls for a commitment to measures that boost competitiveness, guarantee security and regulatory stability, and incentivize investment in strategic sectors and job creation.

Likewise, it believes it is necessary to avoid situations that distort and hinder the performance of business activity, especially considering "the unstable international context in which we are immersed," the entrepreneurs indicate in their April economic report.

The cooling of global economic activity continues to coexist with increasing risks derived from the increase in protectionism and geopolitical instability, in a scenario in which the fragility of the different economic blocs is becoming more widespread, the CCE highlights.

The data for the first quarter indicate that the United States is beginning to feel the wear and tear of its tariff strategy, while the Eurozone maintains a high degree of fragility and China is moderating its advance.

While it is true that Spain in general, and the Canary Islands in particular, continue to show greater resistance thanks, fundamentally, to the good tourism moment and the pulse of services, and its driving effect on activity and employment - although with symptoms of moderation - "its economic evolution will hardly remain oblivious to the important challenges facing the international economy," the entrepreneurs predict.