Spain: Another Hung Election Coming Up

IMG Auteur
Published : May 11th, 2016
233 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

Current polls in Spain show an outcome nearly identical the December election in which no party or coalition of parties could foster a majority.

In the past week, Podemos managed to form a coalition with leftist parties IU and Confluencias, to possibly become the second largest party in Spain, but that does not change the math.

A poll by Celeste-Tel between May 5 and May 7, as reported by El Economista follows.

24hGold - Spain: Another Hung ...

December 2015 Election

There are 350 seats in Spain’s parliament. Courtesy of the BBC, the 2015 election went like this (blue highlights mine).

24hGold - Spain: Another Hung ...

Party Leaders

  • PPOE – Former Prime Minister Mariano Rajoy
  • PSOE – Pedro Sanchez
  • Podemos – Pablo Iglesias
  • Ciudadanos – Albert Rivera

Coalition Problems

  • PSOE and PPOE could have formed a coalition, but the result would not have been stable. The party leaders do not get along and the left and right generally don’t mix.
  • The three leftists parties could have formed a coalition, but Podemos is eurosckeptic and in favor of letting Catalonia have a vote on independence. The other two leftist parties are staunch nationalists as well as staunch euro supporters.
  • Ciudadanos ruled out forming a coalition with Podemos for philosophical reasons noted above.
  • Ciudadanos was formed as an anti-corruption party and wants nothing to do with Mariano Rajoy and his totally corrupt PPOE Popular Party either.

The recent poll shows nothing has changed.

Mike “Mish” Shedlock

Source : mishtalk.com
Data and Statistics for these countries : Georgia | Spain | All
Gold and Silver Prices for these countries : Georgia | Spain | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.