Spanish Prime Minister Pedro Sanchez discusses the need for the European Union to maintain a constructive relationship with the new Donald Trump administration. He also talks about taxes on foreign home owners, and his hopes for Telefonica SA's (TEF) new management. Speaking to Bloomberg's Francine Lacqua he also withholds judgment on the merits of the proposed takeover of Banco Sabadell SA by larger rival BBVA SA. He speaks on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland.

Bloomberg videos, provided by MT Newswires