In this report, we examine the potential impact of a government shift on a number of sectors after the upcoming Spanish July elections. Our research covers fifteen industries, including real estate (to which we have already devoted a short note), and has been conducted in collaboration with renowned experts in each field. While it may appear premature to undertake such an exercise before the completion of electoral programs, we have identified signals of forthcoming changes. Moreover, historical evidence demonstrates that campaign promises are not always fulfilled, so we believe it is the right time to mull over this issue, which we hope will provide valuable insights for managing risks across multiple sectors.