The four key issues that will shape the November 29th general election: the housing crisis that brought down Sánchez, the struggle over migration, corruption, and wages

Spain is preparing for general elections scheduled for November 29. The political landscape is defined by four primary issues: a housing crisis that contributed to the downfall of Pedro Sánchez, ongoing debates regarding migration policy, allegations of corruption, and concerns over wage stagnation. Despite these challenges, observers note the resilience of Sánchez, who has navigated previous political obstacles including a lack of state budgets and high-profile corruption scandals within the PSOE party.

Separately, economic analysts have expressed concerns regarding the stability of the Argentine financial system. Experts warn that current economic policies, specifically the maintenance of exchange rate bands, carry a significant risk of a 25% currency devaluation. There is apprehension that the Central Bank of the Argentine Republic may lack the necessary tools to intervene effectively should a run on the currency occur, potentially impacting the political outlook for the 2027 elections.