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Editorial: El Mundo

  • The government of Pedro Sanchez has resorted to a decree law to extend the tax on energy companies, bypassing parliamentary rejection.
  • The maneuver is perceived as a display of arrogance and indicates the increasing fragility of the inauguration block.
  • A possible formation of an alternative majority is observed, flanked by the amendment of the 'populares' that interrupted the tax extension.
  • The only concession of the government has been a tax incentive to strategic investments for the ecological transition and decarbonization, but it is deemed irrelevant to mitigate the negative effects on investment.

Conclusion: Sanchez's government is demonstrating increasing ineptitude to legislate effectively, resorting to tactics that increase legal insecurity and highlight the growing fragility of his inauguration block.