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    Home > Finance > Spain's Sanchez says Musk attacks Europe's institutions, incites hatred
    Finance

    Spain's Sanchez says Musk attacks Europe's institutions, incites hatred

    Published by Global Banking & Finance Review®

    Posted on January 8, 2025

    1 min read

    Last updated: January 27, 2026

    Spanish Prime Minister Pedro Sanchez addresses the threat to democracy posed by Elon Musk's comments on European politics, highlighting the challenges faced by institutions in the finance sector. This image captures the essence of the ongoing tensions between tech influence and political integrity.
    Pedro Sanchez condemns Elon Musk for undermining European democracy - Global Banking & Finance Review
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    Tags:Presidentfinancial communityinternational organizationspolitical risk insurancefinancial stability

    Quick Summary

    Spain's PM Sanchez accuses Elon Musk of undermining European democracy and inciting hatred, highlighting the fragility of democratic institutions.

    Spain's Sanchez Criticizes Musk for Undermining European Democracy

    MADRID (Reuters) - Spain's Prime Minister Pedro Sanchez on Wednesday attacked billionaire Elon Musk for interfering in European politics, accusing him of undermining democracy.

    "The international far-right that we have been opposing in Spain for years, led in this case by the richest man on the planet, openly attacks our institutions, incites hatred and openly supports the heirs of Nazism in Germany," Sanchez said of Musk without directly naming him during.

    Sanchez was speaking in Madrid at an event to commemorate the 50th anniversary of the death of dictator Francisco Franco.

    Musk, who is set to serve under U.S. President-elect Donald Trump as an external adviser in charge of streamlining the government, waded into Spanish affairs on Sunday by commenting on X about an article that said that rape convictions in Spain's northeastern region of Catalonia were mainly carried out by foreigners.

    Sanchez said that democracy is fragile and faced an existential threat.

    "If history teaches us anything, it is that freedom is never permanently conquered," he said.

    (Reporting by David Latona, editing by Inti Landauro and Charlie Devereux)

    Key Takeaways

    • •Spain's PM Sanchez criticizes Elon Musk for political interference.
    • •Musk accused of undermining European democracy and institutions.
    • •Sanchez highlights the fragility of democracy in Europe.
    • •Musk's comments on Catalonia spark controversy.
    • •Event marks 50th anniversary of dictator Franco's death.

    Frequently Asked Questions about Spain's Sanchez says Musk attacks Europe's institutions, incites hatred

    1What did Pedro Sanchez accuse Elon Musk of?

    Pedro Sanchez accused Elon Musk of interfering in European politics and undermining democracy.

    2What event was Sanchez speaking at when he made his comments?

    Sanchez was speaking in Madrid at an event commemorating the 50th anniversary of the death of dictator Francisco Franco.

    3What did Sanchez say about the state of democracy?

    Sanchez stated that democracy is fragile and faces an existential threat, emphasizing that freedom is never permanently conquered.

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