Government instability sows confusion in businesses

The complete uncertainty that presides over the government's action, with constant concessions to separatism and under the threat that Podemos or other partners will be able to overthrow any initiative, poses a serious risk from an economic point of view. Political instability and lack of legislative predictability can discourage entrepreneurship and investment. As we reported today, this is already perceived by a large majority of entrepreneurs. 60% of them consider that "the

uncertainty about economic policy" is the biggest current conditioning factor for its activity, even above energy costs, according to the Bank of Spain.

The forecast is that this percentage – the highest in two years, in the midst of the pandemic – will continue to grow. Hence the interest of

for seeking to be backed by the directors of the Ibex in Davos, as we reveal today in our pages. We are also at a delicate moment, facing the prospect of a slowdown and new fiscal rules, which would force us to boost business action. On the contrary,

. He made this clear last week, with an exercise in tightrope walking that highlighted his parliamentary weakness and an increase in the minimum wage that, motivated solely by ideology, did not have the support of business.

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