Spain's Political Tactician Sanchez Leaves His Country Guessing [BNN Bloomberg (Canada)]
REPSOL SA SP/ADR (REPYY)
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Source: BNN Bloomberg
The Socialist prime minister is taking a break from public view as he considers whether to quit over a criminal investigation against his wife, something he says is a right-wing stitch-up. His move has plunged Spain into uncertainty and triggered frantic speculation over what he'll decide. But there's also a question over how much is genuine and how much is merely yet another tactical ploy to regain the upper hand. His supporters and political antagonists in the country of 48 million have plenty to argue over about his six years as leader. It's a period marked by backroom deals that won him three terms, a decent economic performance and broken promises that executives say threaten investment. “It makes us all think about what would happen if he steps down,” said Luis Arroyo, a sociologist who served as an official under a former Socialist prime minister. For executives, frustrated and cynical after years of policy made up on the fly, it might be a relief. For the Spanish nati
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