Antoni Bassas' analysis: 'Should we drop Sánchez to appoint Feijóo?'

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The morning began with news in the form of a tweet:

Feijóo begins contacts with all political groups to see if they still support the PSOE after seeing Santos Cerdán go to prison. tries to bring shame down on partners to continue to tolerate a government that has the president's right-hand man in prison.

He can forget about the votes of Bildu and the Left. In fact, he won't meet with Bildu. And he'll probably also forget about the votes of the PNV and Junts, who I suppose will tell him to go negotiate with them in Belgium, at Puigdemont's house. Or to stop poking around in Europe to prevent Catalan from becoming an official language. It seems to me that Feijóo has miscalculated again: at a time when everything is bad news for Sánchez, he's now creating expectations about a vote of no confidence that won't turn out well either.

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And yesterday's news was fatal for the PSOE and Sánchez.

Santos Cerdán entered the Supreme Court to testify and left in a van for prison. The judge finds him responsible for a scheme to collect illegal commissions. for the award of public works. And be careful, because the judge believes there are more individuals and legal entities involved. These legal entities could include both the PSOE (Spanish Socialist Workers' Party) and companies that have paid commissions.

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Cerdán did not answer questions from the judge or the prosecutor, only those from his lawyer, Benet Salellas, who opted for a political defense.

Mirin, Sánchez wouldn't have let Cerdán fall if there weren't solid evidence that someone had greased their fingers with commissions. Now, sending those who negotiated Sánchez's investiture with Puigdemont to prison was also a big-game trophy. In any case, this has only just begun.

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And what BBVA's takeover bid for Sabadell continues.

The Basque bank has decided to go ahead with the intention of buying Sabadell, although BBVA is losing: due to the three-year conditions imposed by the Sánchez government for its continued separation, and because it is not allowed to reduce staff or close branches. This is the general rejection of Catalonia.

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The decision to sell remains in the hands of Sabadell shareholders. And if it's a matter of distributing more money to them, Sabadell can offer more, because it now wants to sell its British subsidiary and will have more money to distribute. It would seem, therefore, that BBVA should improve its offer. In fact, today Sabadell is publishing numerous announcements announcing that

In three weeks, on July 24, it will present its first-half results and its new strategic plan, so that shareholders can decide "if where there are two, there are three." So Sabadell is still feeling strong. We'll see how it turns out.

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Good morning.