A scandal at the Bank of Spain. A decision by Pedro Sánchez shakes the foundations of the
country's most important financial institution. What has really happened? In the last few
days, Pedro Sánchez's economic policy has returned to the center of the hurricane. The
President of the Government has driven a controversial change in the bank's cupola.
The reason?
Designate a profile that is in line with the executive, generating concern between economists,
opponents, and even within the bank itself.
Since its foundation, the Bank of Spain has been an independent entity, guaranteeing financial
stability.
But this new political intervention has unleashed alarms about its neutrality.
Criticized voices point out that this could have serious consequences, loss of confidence
market trust, doubts in Brussels, and the most worrying, a dangerous precedent for the future.
Are we facing an unprecedented politicization of the Bank of Spain?
Or is it simply a legitimate change within the rules of the game?
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Until next time!
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