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Spanish Politics

Spanish Politics 23rd August 2023

Felipe VI commissions Núñez Feijoo to try to form a government, despite still falling short of the 176 needed to reach a majority

Renta 4| European markets open flat (Eurostoxx futures +0.2%, S&P futures +0.3%), with the focus today on August PMIs and Nvidia’s results and awaiting tomorrow’s central bankers’ meeting in Jackson Hole. On the macroeconomic front, the focus will be on the preliminary PMIs for August. This morning in Japan, the data shows weakness in industry and resilience in services: manufacturing 49.7 (49.6 previously) and services 54.3 (53.8 previously). The same…

Spanish Politics 31st July 2023

Sánchez gives Puigdemont, fugitive from justice, the key to Spanish government

Despite the victory of the Partido Popular with 137 seats (the postal vote count has given it one more seat, 137, at the expense of the PSOE, which is left with 121), Nuñez Feijóo is far from the 176 needed to be able to govern Spain, even if a coalition with Vox, which won 33, were to take place. If those 170 votes were added to those of UPN (1)…

Spanish Politics 27th July 2023

Election winner Nuñez Feijóo wants to go for the investiture

As the winner of the elections with 136 MPs (compared to the PSOE’s 122), Nuñez Feijóo wants to talk to the PSOE. Cuca Gamarra, Feijóo’s deputy, urges the Socialists and Pedro Sánchez “not to hinder” the PP from giving Spain “a government “with serenity and moderation”, which returns Spanish politics to “seriousness, maturity and responsibility” in order “not to break a series of unwritten rules” which, according to Gamarra, establish…

Spanish Politics 25th July 2023

PNV refuses to support PP: either Sánchez or stalemate

The president of the Euzkadi Buru Batzar of the PNV, Andoni Ortuzar, telephoned the president of the Partido Popular on Monday night, who had tried to contact him earlier in the day. Ortuzar informed Núñez Feijóo of the PNV’s refusal to begin talks with a view to facilitating his investiture as President of the Spanish Government, a decision agreed at the meeting held by the EBB after the 23J elections….

Spanish Politics 24th July 2023

Feijóo defeats Sánchez, who resists but will not be able to govern without the fugitive Puigdemont

José Hervás (Capital Madrid)| Spain is entering a situation of political deadlock. The result of the elections, in which the PP was the winning party with 136 seats, does not make it easy for Feijóo to form a new Executive as he does not have the necessary 176 seats, together with the 33 seats of VOX, to obtain the necessary majority required for the presidency. A tug-of-war is foreseen between…

Spanish Politics 11th July 2023

“A disastrous night for Sánchez”

This is how the pro-Sánchez daily El País summed up the debate that took place yesterday, at 10pm, between President Sánchez and the leader of the PP, Nuñez Feijóo, who is several points ahead of the PSOE leader in all the polls. And yesterday’s debate is not going to change the trend. A nervous, unfocused Sánchez refused to sign the proposal made by the leader of the PP for the…

Spanish Politics 8th July 2023

PP’s electoral programme looks positive for main national players in energy sector, IBE, ENE and NTGY

Norbolsa| The Popular Party (PP) has announced its electoral programme in which the following points are highlighted with regard to the energy sector: The elimination of the exceptional intervention measures in the wholesale electricity market (67 €/MWh).The extension of the useful life of nuclear power plants.The introduction of a “milestone fee”, to be paid by the project developer, to speed up the management of files, as it will serve to…

Spanish Politics 5th July 2023

PP presents programme for government

The Partido Popular (Popular Party) has published this Tuesday the proposals with which the party led by Alberto Núñez Feijóo aspires to win the next elections on 23 July. In their 108-page programme, the Popular Party has briefly outlined the axes that will mark the course of their policies. The commitment to adjust the deficit and reduce the debt is the leitmotiv of the document. Changes in legislation on squatting,…

Spanish Politics 3rd July 2023

Spain takes over rotating EU presidency pending July 23rd election result

On July 1, Spain assumed the six-month presidency of the EU, and yesterday, Sunday July 2, the President of the European Council, Charles Michel, met at La Moncloa with the Spanish Prime Minister, Pedro Sánchez, who has begun the six-month period with a trip to Kiev. Sánchez reiterated Europe’s support for Ukraine and assured that Spain “will rise to the occasion”. In an institutional declaration, Sánchez reviewed the four priorities…

Spanish Politics 26th June 2023

Sánchez’s return of 3.5% to whoever lends him money for July 23 campaign is higher than that of Treasury Bills

The PSOE activated its microcredit campaign on 12 June and by Friday had already received €2.7 million . The party has improved the conditions it has already offered in the past, since, in the two previous campaigns for the 2019 general elections, the interest generated was 2% and 2.5% respectively. The amount raised by the campaign for the April 2019 elections was €2,454,200, which was doubled for the general elections…

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