Palma01/02/2020 09:52
The new Spanish Prime Minister, Pedro Sanchez, leader of the largest left wing coalition government in the Western world, needs to get his skates on with regards to having a national budget approved - it’s now been on the table for over two years - if he intends to stop the slowdown in the economy. In the final quarter of last year, Spain enjoyed an economic sprint finish, out performing the likes of France, but it has suffered a sluggish start to the year and Brexit is bound to have an impact on the Spanish, and other EU economies, when the UK eventually pulls the plug on the billions it has been pumping into the EU block for the best part of the last 40 years.
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Spain cannot fill the big places in the EU, it's too insignificant. It's never really paid into the EU budget but has ridden off the back of Germany and the UK mainly for years. Spaniards should know, it was German and British money funding their economy. It's time they started pumping billions into the EU as payback. However Italy is the 3rd big one, bigger than Spain by a long chalk and a big contributor, even Austria is bigger. Pedro Sanchez is delusional.What the Spanish don't want to do it p*ss off the British over Gibraltar, the Americans are also on that side of the fence, and Spain could find themselves facing economic obscurity.