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Underperformance Of The Right Raises Risk Of Paralysis, Snap Election

SPAIN

Spain’s 23 July general election delivered a hung parliament in which the formation of a majority coalition government, or even a sustainable minority administration, is not assured. A significant underperformance by the centre-right Popular Party (PP) and the right-wing nationalist Vox means that the two parties combined seat total sits short of a majority.

  • However, despite an overperformance by incumbent Prime Minister Pedro Sanchez’s centre-left Spanish Socialist Workers’ Party (PSOE), there is no guarantee that he will be able to secure the necessary support in parliament to win an investiture vote at the head of a leftist minority government. As such there is significant risk of sustained political instability with the risk of a second snap election in late 2024/early 2025 looming.
Full article PDF attached below:

MNI POLITICAL RISK ANALYSIS-Underperformance Of The Right Raises Risk Of Paralysis, Snap Election.pdf

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