Ahead of November 10 general election in Spain, we analyse the potential political scenarios and their probable impacts on the Spanish economy in collaboration with Ignacio Varela, a renowned political analyst, who has been an advisor to more than 60 election campaigns, and a regular collaborator with Spain’s most important media outlets. Mr Varela makes an accurate analysis of the latest opinion polls and the main factors that will affect the elections, to conclude what the most likely outcome may be and what possibilities may open up as far as government formation is concerned. AER provides an analysis of the Spanish economy, as well of as the impact of the vote and Spanish politics in general. The article presents our conclusions regarding Spain’s expected growth in 2019 and beyond, as well as our insights on the short and mid-term risks associated with Spain’s future growth and their possible implications for economic decision-makers.