Foreign investment in Spain has stalled, the unstable political situation and legal uncertainties identified as two reasons. “We need stability for investing in a country,” said a businessman after having taken note of the information from the Spanish central bank Banco de Espana we have begun to see the flight of capital from the country.
Investors took out 19.4 billion Euros from Spain in March compared with the same month last year when it invested 900 million Euros. In February left 800 million Euro Spain.
During the first quarter of this year, it is a loss of 14.9 billion Euros of the sums that flowed into or out of Spain.
The unstable political situation creates uncertainty when foreigners want to invest. This also applies to major metropolitan areas such as Madrid and Barcelona who may miss out on investment by Manuela Carmena and Ada Colau as mayor and left populism on the agenda according to critics.
International investors want to see reforms that stimulate the economy. Many of the reforms that Spain’s current government conducted wants opposition parties to tear up after a possible election victory at the general election to be held either on 22 or 29 November.
Left governance in Marbella comes closer
It leans more and more to be a left alliance will control the municipal building in Marbella. Socialist Jose Bernal says he is quite adamant. The local party in San Pedro, Opción Sampedreña OSP, and party leader Rafael Piña had yesterday 2 June a meeting with the Partido Popular Ángeles Muñoz.
Later in the evening June 2 were met cloverleaf symbol PSOE, OSP, Costa del Sol Sí Puede (Podemos) and the United Left IU, a meeting that lasted between the hours of 18:20 to 22:30. According to the newspaper Diario SUR, the four parties agreed on one eleven-point program which includes more transparency and lower fees.
According to the newspaper will Rafael Piña to have a new meeting with Ángeles Muñoz Tuesday, June 3. “If we are talking about confidence, we are four parties closer together,” says Piña and continues it will be difficult for the Partido Popular to agree to our demands.
“There is no doubt that the new council will work for a change of June 13,” says Rafael Piña, property Marbella.
Also the newspaper daily La Opinión de Málaga writes that a left-hand drive Marbella is getting closer but that the meetings and talks between the parties will continue during the week.
Articles: He has Marbella municipality in their political hands
He has Marbella municipality in their political hands
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