The shock progress made by anti-austerity party Podemos in the recent local elections in Spain could bode badly for big Spanish banks like Santander (LSE: BNC). The talk of halting evictions and the like is just a sideshow for these global behemoths, but the prospect of Podemos winning control nationally is a very real concern…
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Will The Spanish Elections Derail Banco Santander SA’s Recovery?
VIDEO: One Fool takes a closer look at Banco SAntander SA (LON:BNC).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
