Sánchez’s Letter: A Strategic Checkmate
In a bold move, Pedro Sánchez published an open letter to citizens, setting out his vision without intermediaries. This masterstroke made it clear that he was not willing to give in to opposition pressures, ensuring the continuity of his legislature.
Sánchez consolidated his position by securing the support of his allies, including Junts, Sumar, ERC, PNV and Podemos. His message was forceful: either he was allowed to govern or he would break the political balance.
Feijóo’s Confession: The Worst Political Class
In a moment of unusual sincerity, Núñez Feijóo, leader of the Popular Party, admitted belonging to ‘the worst political class in the last 45 years’. This confession highlighted the deep crisis of confidence in Spanish politics.
The subsequent parliamentary session was a spectacle of personal accusations, underscoring the polarization and lack of respect that characterize the current political landscape.
Hunt and Escape: A Smear Campaign
The days following Sánchez’s letter witnessed a concerted smear campaign, orchestrated by right-wing, far-right media and foreign interest groups. This campaign involved unfounded accusations, conspiracy theories, and threats of resignation.
The objective was clear: to destabilize the government and bring about the end of the legislature, something that the Spanish right had never accepted.
The Disappointment: Ignored Regional Financing
Despite promises of change, neither Sánchez nor Feijóo have addressed the crucial issue of regional financing, a problem that prevents the proper functioning of essential services in the Valencian Country.
This lack of political will has generated deep disappointment among Valencians, who see how their basic needs continue to go unmet.
Banco Bilbao-Vizcaya-Argentaria: A Giant on the Rise
Immediately after the political storm, news emerged that BBVA was in talks to acquire BancSabadell, thus creating the largest banking entity in Spain.
This move has raised concerns about the concentration of financial power in the hands of a few institutions, which could have negative implications for Valencians and their economy.
The Valencians: Silent and Abandoned
In the face of these momentous events, the Valencian options have remained silent, unable to articulate a coherent response to the challenges facing their region.
The Valencian Socialist Party, despite its recent elections, remains mired in ambiguity, unable to provide clear leadership to Valencians.
The Generalitat Valenciana, headed by Carlos Mazón and Vicente Barrera, has not adopted a firm stance either, leaving Valencians without a clear voice to defend their interests.
The Banking Cartel: A Threat to Competition
The possible acquisition of BancSabadell by BBVA raises serious concerns about competition in the Spanish banking sector.
This move would create an oligopoly of three dominant banking entities, which could lead to higher prices, less innovation and less access to credit for businesses and individuals.
Catalan Sovereignty: Hurt by the Bank Merger
The merger proposal has generated outrage in Catalonia, as it would transfer BancSabadell’s assets and deposits to Madrid through Bilbao.
This operation is seen as an attack on Catalan sovereignty and has raised concerns about the future of the Catalan economy.
The Silence of the Valencians: A Lost Opportunity
As events unfold around them, Valencians remain silent, their voices silenced by the inaction of their representatives.
This lack of leadership is a missed opportunity to address the challenges facing the Valencian Country and to defend the interests of its citizens.
