Feijóo faces a problem if he wins: he suspects Sánchez is hiding a deficit, but revealing it would skyrocket Spain's risk premium.

Alberto Núñez Feijóo faces a potential economic and political dilemma if he wins the upcoming government transition and assumes power in Spain, centered on the state of the public accounts. The leader of the Partido Popular (PP) has pledged to conduct a formal audit of public finances upon entering the Moncloa palace.

However, Feijóo suspects that the outgoing administration led by Pedro Sánchez is concealing the true extent of the national deficit. Uncovering a worse-than-declared financial reality could significantly pressure Spain's financial standing by driving up the country's risk premium, mirroring similar market tensions experienced during past crises.