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BBCNEWS World Business Report June 4, 2024 04:47:00

Sunday. if finding out the results on sunda . . ., ., , sunday. if the election fails to produce sunday. if the election fails to produce a sunday. if the election fails to produce a working - sunday. if the election fails i to produce a working majority for a single party, what does that spell for spain?- that spell for spain? well, there will that spell for spain? well, there will be that spell for spain? well, there will be more - that spell for spain? well, - there will be more uncertainty, for companies and investment projects. there could be another election called in a few more months but that would mean a standstill so i am really hoping that whoever wins there is a decisive vote that allows for government to be formed quickly. we know that the budget for next year has to be turned in in the coming months, in the next few weeks, and that is a very important piece of legislation and i am hoping that we will have a clear mandate and the government can be formed quickly an ....

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BBCNEWS World Business Report June 4, 2024 04:45:00

The economy is a major issue despite low inflation, spain has the highest jobless rate in the eu, at almost i3%. let s speak to javier diaz gimenez, professor of economics at the iese business school in madrid. thank you so much forjoining me. let s talk about the economy. how much are concerns over the economy playing a part in voting intentions? how important is it? well, i think this how important is it? well, i think this time how important is it? well, i think this time around - how important is it? well, i think this time around it - how important is it? well, i think this time around it is i think this time around it is more about the politics and the economy. both parties are going to be facing a similar 2024 and following years will be times of physical restraint and tight military policy and the continuing fight against inflation and the need to consolidate the deficit, the budget deficit to the tune of between 10 15 billion euros. ....

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