The judicial investigation of the Central Operational Unit (UCO) of the bourgeoisie for the PSOE for the alleged corruption that relates to Santos Cerdán, José Luis ábalos and Koldo García already characterized on the large international investment banks. The American JPMorgan believes that A prior elections would give “stability” to Spain, with the PP and Vox that moves and adds PSOE In the government.
In a specific report on our country published this Friday, American Bank analysts acknowledge that, although expected general elections It’s not your basic scenario, they don’t exclude it either. “The chance of early elections has increased”Write in the document.
In these early elections, if present, “The PP could form the government with the support of Vox.” Although that must be remembered Pedro Sánchez It has been found and defends that the legislator will reach the end in 2027.
In that sense, PP and Vox could “have a broader and more stable majority, but this would be uncertain because of the fragmentation of the political system, because some political differences can generate tension between them,” they consider their experts.
On their affect on the Spanish economy, they say that “macro -economic implications can in any case be limited.” “Spain has been resilient to political noise”, although “we already provided a delay in the growth of his solid level,” they say from JPMorgan, in accordance with studies such as Funcas, the Bank of Spain, Airef or the BBVA.
Delay
Although the possibility of an election prefecting “is very uncertain at the moment, it can be assumed that early elections can lead A more stable government, which would improve trust and reduce uncertainty, even in tax issues, “ Pray the report.
Although Spanish economic growth in the past quarters is not influenced by political noise or lack of budgets, “it could have influenced consumer confidence and private investments,” they say from the American bank.
As published by Spaans Invertia, investment banking and international funds already receive consultation from their customers about the corruption of the PSOE and the Spanish institutional crisis. Moreover, international investors follow the interference of the government in companies – especially after the BBVA public grandfather to Banco Sabadell – and the arrival of funds Next gene eu.
JPMorgan provides for a delay in growth this year and following, from 3.2% in 2024 to 2.3% in 2025 and 1.7% in 2026.
