Barclays warns of Vox risk for Spain's debt cost
Algunos analistas trazan la 'línea de puntos' entre Marine Le Pen y Santiago Abascal. Leer
Investors are relatively calm about Spain's upcoming general elections, with the Ibex being their preferred European stock market for the next 12 months, according to a Bank of America survey. A centre-right shift in the elections could be positive for the market, with the new government expected to propose growth-friendly measures and control the deficit.
However, some analysts, such as those at Barclays, warn that a government led by the PP and Vox could slow down fiscal consolidation if Vox pushes for anti-immigration measures and tax cuts. The influence of Vox, led by Santiago Abascal, is being closely watched, particularly given the precedent of Marine Le Pen's possible victory in the French presidential elections.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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