We are not in a time of change – we are in a “change of period”

by Andrea
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We are not in a time of change - we are in a “change of period”

Manuel de Almeida / Lusa

We are not in a time of change - we are in a “change of period”

Paulo Macedo, Executive Chairman of Caixa Geral de Depósitos

“Europe is in the middle of a compressor roll in the middle of the US and China,” added former minister Paulo Macedo.

“It can be said that today we do not live a time of change, but a change of time,” Pope Francis in 2015 at the meeting with the V Participants of the Italian Church in Florence.

A decade later, and in the current political-economic-military context, the idea is repeated by Paulo Macedo.

The chairman of the Executive Committee and vice president of the Board of Directors of Caixa Geral de Depósitos opened the XXVIII Conference.

A inflation is lowering, but there are other threats: the Commence worldwide must go down, for example – there will be a “redundancy of the generality of systems – Be of defense, communications – because it is not certain that clauses and alliances persist. ”

As it has been commented almost daily, a large increase in spending on the Defense.

“A Europe is in the middle of a compressor roller, in the middle of the US and China”Said the former Minister of Health – who fears the current force of autocratic states.

With so many threats at the geopolitical level, Paulo Macedo recalled Pope Francis: “Today we do not live a time of change, but a change of time”.

For Caixa’s head, organizations must be more productive and scale, more stable and sustainable, with stronger institutions, with good organizational design, innovating, requalifying and investing.

“And we have an obligation to have a impact In society ”, analyzed Paulo Macedo.

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