Yesterday
all Spanish citizen is with having fused I believe that the question that all
were asked faith How many Spain are? What country class we are that we give
parliamentary representation to 10 different parties and political tendencies
when so single 40 years ago we left a dictatorship, and during alone 40 years
we have been governed by two that has happened, so bad they have made it that
they have scattered us politically speaking this way this of entrance means
that we have gorged of the same thing, of that repeated, of the politics
without future, we have simply been victims of our own idleness like society or
it is that they have deceived us and we believed that we went toward the future
one and it has not been it is this way evident that it is this last and already
many have said coarse.
Now
after this social revolution that will happen because the question is the same
one in the political part our politicians I fear myself that they won't know
how to leave this new situation it is the first time that happens in 40 years
and it also happens in a historical moment of having carried to an extreme
national and international pressure with a crisis that now will see that a
millimeter has not moved of where he caught us there now for the 2008 we will
see that there we stay, because we have not had governments but purely
political officials without n any state vision neither of future they have
simply worried about going passing of position in position and of getting paid
in white and black all that you/they have been able to.
The
first palpable facts that today after yesterday's electoral debacle the Ibex-35
shows it to us that closed today with a superior fall to 3,6 percent in the
biggest percentage descent from 24 August past after some general elections
that omen big difficulties to form a government, in its fourth bigger
percentage fall in 2015. The elections of Sunday in Spain, with an insufficient
victory of the PP, confirmed the end of the bipartisanship and they draw a
panorama that difficultly will decide until well entered the new year and that
it could be in a government of punctual pacts and uncertain duration.
They
approach some very long negotiations to see some possible government coalitions
without being discarded a new convocation of elections, this like he told altar
before to appear the whole reality of our economy and of our social crisis. The
Ibex-35 closed with a slope of 3,62 percent being to 9.365,8 points, in minima
of the session that is to say had no longer time that lowers more. While, the cost
of risk between the Spanish debt and the short term German (2 years) it was
located in 122 basic points, 8 points more than on Friday.
Among
the punished titles they figured values with a high weight of their revenues in
Spain. Enagas and Electric Net, with business of highly regulated energy
infrastructures, they fell 4 percent, AENA gave 7 percent also foreseeing the
bewilderment from its very bound future to the BOE. Also electric as Endesa
that only has presence in the Iberian Peninsula, they suffered in bag, with a
fall of 5,3 percent that was smaller in other companies of the sector like
Iberdrola (-2,3 percent) or Natural Gas (-2,7 percent). he Understands now
because the big nearer Spanish companies to the "box of the Bernabéu"
years ago have moved their activity and results outside of the country.
In
short, the whole Spanish market economy one has come below during this year he
has gotten lost ten percent this demonstrates that it is lie that the crisis
has ended and that Spain is coming out as a rocket, everything lie, the bag
collapses the companies they leave, those that are here and they depend on the
Spanish economy they don't lift head the stopped ones they don't find work, and
if we survive it is because the general circumstances push us but the elections
like he said they have put on in our fair place. Here it is necessary a deep
revolution that evidently the society bill has been given that they cannot make
it the same ones that have brought us until here.
The
open result of the celebrated general elections on Sunday in Spain, they leave
a broken into fragments Congress and the formation of a new Government in the
air, today Monday numerous financial analysts summarize the new political stage
that opens up in the country with a word: uncertainty. The PP of Mariano Rajoy was
the most voted one, but it was very far from repeating its absolute majority,
and since the left parties neither received a clear government command, the
result sowed doubts on the economic reformations that they have helped to the
country to leave the recession.
A
lingering period of political uncertainty could affect the trust of the
consumers and the investors and to begin to weigh on the Spanish recovery. The
hypothetical combination of the deputies of the PP (123) with the party of
center Citizens (40), alliance preferred by the markets, it was frustrated when
staying the sum in 163 representatives, very far from most absolute of 176
benches in a camera of 350. The option of a "great coalition" of PP
and Party Socialist Spanish Worker (PSOE), strong numerically when reaching 213
benches, he doesn't have precedents in the country and it is politically not
very probable for the traditional rivalry between both parties.
The
paralysis and un governability that the Spanish politics will dominate next
weeks that it could even end in new elections if the parties are not able to
negotiate the investiture of any candidate, it could finish erosion the few
perspectives of growth of Spain, of 3,3 percent this year and 3,0 percent the
one that comes. The most probable result seems to be some premature elections
to short or half term. Even so, a new electoral beat would not necessarily
guarantee a solution, because the actors would be the same ones the same as the
causes that have caused it. The fact that the Government of the PP left
approved the budgets of 2016 are demonstrated now that the government knew the
earthquake that will cause perfectly it is something intolerable it has been
played with all we have been lied we have been swindled and we have been
removed all the national dignity to which we all had right.
The
irruption in the Congress of the party anti austerity Can with 69 deputies and
the 90 benches achieved by the PSOE they open the perspective of an alliance
for the left, although this combination seems difficult for the constitutional
changes that it demands We Can. Also, it would continue needing more external
supports of having left Catalan independents when staying it cuts of a
majority, what hinders any negotiation. Not in fact on the part of the
nationalists, but if on the part of the other left parties. But with everything
it could be the only viable exit if you can baste government's good agreements
of left.
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