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Free AccessSanchez Investiture Vote Confirmed For 15 & 16 November
Speaker of the Congress of Deputies Francina Armengol has confirmed that the investiture vote for acting PM Pedro Sanchez will take place on 15 and 16 November. Sanchez will make a speech to the Congress at 1200CET (0600ET, 1100GMT) on 15 Nov, which will then be followed by addresses from other party leaders and a debate before lawmakers vote on the investiture the following day on 16 Nov. The vote comes after the agreement reached last week between Sanchez's centre-left PSOE and the hard-line Catalan separatist Together for Catalonia (Junts), which sees those associated with the illegal 2017 independence referendum given amnesty in exchange for backing Sanchez's investiture.
- The deal has sparked notable public anger, with anestimated 80k protesting in Madrid over the weekend in demonstrations attended by conservative People's Party (PP) leader Alberto Núñez Feijóo, who stated that "We will not shut up until there are new elections. What is being done now is the contrary of what [Spaniards] voted for."
- The new Sanchez gov't is likely to prove vulnerable to political instability, given its narrow majority in the Congress of Deputies and reliance on parties with starkly different policy stances with regards to regional devolution/independence.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.