spanish politics

Pedro Sánchez victory

Pedro Sánchez 2.0

It was the result Spain’s Socialist bigwigs had feared: a resounding victory for Pedro Sánchez in their party’s primary on Sunday, beating Andalusia premier Susana Díaz and former Basque premier Patxi López, to become leader for a second time.

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Congreso7TC

Spain’s New Government Will Have Limited Market Impact

Today Mariano Rajoy has been sworn in as Prime Minister after Saturday’s investiture session. He obtained a simple parliamentary majority with 170 votes in favour, 69 abstentions, 111 votes against and 1 absentee. So at last the period of uncertainty which had lasted since December 2015 is over.