Spain is politically unstable but investors don’t seem to care | World News, The Indian Express

Spain is politically unstable but investors don’t seem to care | World News, The Indian Express

By Bloomberg |Published: September 19, 2019 11:28:10 am

Spain is politically unstable but investors don’t seem to care

The markets sense a still-robust economy and a pro-European consensus. That wasn’t the case in Italy and Brexit-battered Britain, two nations that also flirted with imminent elections but whose Euroskepticism raised red flags.

Crowds of visitors make their way down Las Ramblas avenue in Barcelona, Spain (File/Angel Garcia/Bloomberg)

With yet another election on the horizon, Spain feels like one of Europe’s most politically fractured countries. But investors are not worried.