Monday, December 21, 2015

MONDAY IN SPAIN - POST ELECTION RESULTS;

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.



..


No comments: