Fears over cash flight

Jose Ramón Bauzá, for now the acting president of the Balearics, says that “chaos” is being caused by parties on the left who are unable to come to agreements on forming new administrations and that there is a flight of capital and investment which is the consequence of the change in government. Two weeks ago, he points out, investors decided not to invest in the Balearics and to not carry out planned investment projects, something which is “totally contrary” to the needs of the region.  He believes that this could be evidence of what can be anticipated over the next four years and that it shows that the only thing that PSOE, Més and Podemos have in common is that they want power while not admitting the Partido Popular, the party which received most votes, into government. PSOE in the Balearics, unlike in some other regions, was not considering the possibility of governing with the PP.