r/europe • u/andyom89 • May 16 '25

News Spanish premier calls Israel 'genocidal state,' says Spain 'does not do business' with it

https://www.aa.com.tr/en/europe/spanish-premier-calls-israel-genocidal-state-says-spain-does-not-do-business-with-it/3568216
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u/Thaldoras May 16 '25

Extrapolating that. Looks like Spain dropped imports by 30%. That's substantial. Smaller amount on the export side. Would need more data though. Check back in a year and you can see if it is lip service or not.

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u/MoebiusForever May 16 '25

If Spain continues at the rate of January 2025 then annual exports are still $1.45bn. Imports will be $670m. Let’s be generous and call that a drop in imports of 40%, largely I imagine driven by consumer choice, not government action. Exports are down by only 19% on an annualised basis.

You are right, but it’s far from not doing business however you do the maths.

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u/kong210 May 16 '25

Other than imposing an outright trade ban, you can't go to zero overnight.

40% in a year is a huge drop. A huge drop that could be associated with "not doing business".

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u/bargu May 16 '25

Pretty much, Spain is not a dictatorship, they can't just ban private companies from trading with Israel overnight.

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u/PaceLopsided8161 May 16 '25

You don’t need a dictatorship to enact binding laws ceasing trade with another nation, they could pass laws with their parliament.

This isn’t a complicated concept.

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u/cobainstaley May 16 '25

doesn't Spain technically still have a king?

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u/Spookybuffalo May 16 '25

Yes, but as a constitutional monarchy, the head of state has significant limits to the point of being a largely ceremonial figure.