MONDAY 21st/ DECEMBER 2015.
Spain’s political parties are facing a struggle
to form a stable government after a historic election that broke the
traditional two-party dominance. The incumbent Conservatives (PP) took most
votes, with the ‘PSOE’ ( Labour) second but the surge of two new forces, ‘Podemos
& Ciudadanos’ stripped it of its majority.
King Felipe V1 will now talk to all the
parties before nominating a candidate for PM, who must then win a vote of approval
in the ‘hung’ parliament. The uncertainty prompted a fall this morning in the
Madrid stock market. Watch this space.
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