New Country Reports market report from Business Monitor International: "Spain Business Forecast Report Q4 2013"

Boston, MA -- (SBWire) -- 10/02/2013 --BMI Political Risk Ratings

Broadly speaking, political risk in Spain is low, enjoying strong political institutions and a well-developed democracy. But the recent corruption allegations levelled at the ruling People's Party (PP) will raise tensions among the public, who have grown weary of the dire domestic economy and ongoing fiscal austerity. We therefore expect the recent allegations to erode already-plummeting support for the government, although distrust of the opposition Socialist Party will ensure that neither party retains a significant advantage going into the next general election in 2015. Spain scores 66.7 (out of 100) in our short-term political risk ratings, which places the country 70th out of 178 countries in our propriety global rankings.

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