Spanish minister says no economic crisis in sight

Bloomberg

The global economic conjuncture is creating an unfavorable environment for investments and international trade, but nobody is expecting an economic crisis in the short term, Spanish Economy Minister Nadia Calvino said.
“I just came back from IMF, World Bank and G20 meetings. There is concern for the global slowdown, but no one sees a crisis in the short term, and even less so in Spain,” said Calvino. Still, “extreme violence in Catalonia entails a negative message for international markets,” she said.
Calvino spoke as Spain is facing another election — its fourth in as many years — on November 10. Polls suggest Calvino’s Socialists will win again, but with nowhere near an outright majority in Parliament. The economy minister told that a Socialist-led government won’t raise taxes.