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)…
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….
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…
Fernando Gonzalez Urbaneja | With half a dozen seats still to be counted, including those from abroad that will be counted on Friday, the outcome of the elections is still uncertain. The risk of a deadlock, i.e. that no one will be able to form a sufficient coalition to install a president, is a reasonable hypothesis. More than ever, it may be concluded that everyone has lost and no one…
The latest polls show a scenario of great uncertainty, in which Alberto Núñez Feijóo’s Partido Popular would win 147 seats in its most likely outcome, ahead of Pedro Sánchez’s PSOE, which would win 108. Sumar would be the third force with 34 seats, ahead of Vox, with 29, and the nationalist parties. ERC retains 10 seats, Junts gets 9, EH Bildu 6, PNV 5, while CUP and BNG would get…
Morgan Stanley| With the general elections just around the corner (July 23rd), Rob Pulleyn has published a report in which he discusses the possible outcomes of the elections (and therefore possible energy policies) and their implications for utilities with exposure to Spain. Overall, he believes that the impact will be significant, but in his baseline scenario, he believes that Spanish utilities will generally do well as a result of the…
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…
Fernando González Urbaneja | The aim of politicians is to achieve power, to whatever degree possible, but power. And the laws of democracy are conditioned by arithmetic, that is, to achieve the sum of votes that will give greater or lesser access to power. These are two principles that we are going to see in action over the coming weeks in the city councils and autonomous governments that are in…
Fernando González Urbaneja| If we have to choose the highlights of Pedro Sánchez’s leadership trajectory, one of them would have to be the “No is No” (what part of this has not been understood?) It was his entry through the big door of political decisions by not enabling a new government after the first elections of 2016 with a tactical abstention, which mathematically blocked the forming of a parliamentary majority…
Jakob Suwalski (Scope Ratings) | Prime Minister Pedro Sánchez’s decision to call early elections is potentially advantageous for Spain’s economic outlook insofar as it should prevent the government from losing six months of valuable time to determine long-term policy goals, even if it means forming a coalition or minority government. This timeframe allows for reforms to be implemented and the country’s fiscal and economic challenges to be addressed. However, the…