POLLS show that Spain is the European nation most in favour of Britain remaining within the European Union, with 64 per cent of Spaniards hoping Brexit talks are pushed to the background following Thursday’s referendum.
Spain receives significant levels of investment from British businesses and the tourism industry making it hardly surprising that the country strongly favours a continuation of the status quo.
More interesting is the lukewarm reception given to Britain’s continuing role within the union, with an average of just 54 per cent of those polled across the continent leaning towards the Remain camp.
Many in France, Holland, Sweden, Hungary and Poland are hoping for a Brexit so that it might enhance their own prospects for separation from the increasingly bedraggled union, but the stakes in Spain are far higher for the local economy.
The country reportedly enjoys an €11 billion surplus in the trade balance with the UK, while the heads of Spain’s most successful businesses have warned of economic calamity should Britain leave.
On a local level small businesses across the Costas fear a debilitating impact on their finances should a mass exodus of British expats take place, and surely want to preserve and increase the estimated €14 billion contributed by British tourists last year.