Spanish tax hikes spell potentially good news for Portugal
Alberto Núñez Feijóo. Image: PP

Spanish tax hikes spell potentially good news for Portugal

The leader of the Spanish People’s Party (PP, in opposition) considers the increase in some taxes in Spain “a big mistake”, which is “pushing” investments to other countries, such as Portugal. For Alberto Núñez Feijóo, it is a “big mistake” to tell “Spanish investors and Spanish assets” that in Spain “they are not welcome and can go to Portugal, where they are well received”. The Spanish opposition leader was speaking in Cáceres, in the Extremadura region, at the 25th Family Business Congress, where he made these statements regarding the new tax package announced last Thursday by the Spanish government, led by the socialist party (PSOE).