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The German company Allianz's sponsorship of the "Ideas" Festival in Madrid has been halted following threats from more than twenty artistic and cultural figures to boycott the event, due to the company's support for Israel and its financial alliance with the Israeli state, according to the sources. The festival clarified that cooperation with Allianz has been suspended to ensure the event's neutrality and to maintain freedom of discussion, emphasizing the need to prevent external controversy from distracting from the festival’s objectives. This comes amid widespread support for the Palestinian cause in Spain and ongoing Israeli escalation in Gaza, with Spain having imposed sanctions last week on trade with Israeli settlements in the West Bank.
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