More Cork than Body – Difficult Starting Position for Spanish Government Cuvée

 

After months of agonising debates and under the influence of the Catalonia crisis, which has been intensifying for months now, Pedro Sánchez was re-elected prime minister last Tuesday. However, the price for his victory is high in many ways. The coalition between Sánchez’s socialists and the left-wing populist party Unidos Podemos, which despite months of negotiations was still considered impossible in the summer, has now been sealed in record time. This agreement encompassed substantial – particularly fiscal – concessions. Continue reading