Spain faces uncertain future as a historic coalition is set to take power

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Spain is on track to get a new government Tuesday, but its economic and political future remains uncertain.

Socialist leader Pedro Sanchez is set to receive enough support at a parliamentary vote Tuesday that will put an end to almost one year of political uncertainty. Sanchez won a snap election in April of 2019 but struggled to form a government led by his

"The new PSOE-Unidas Podemos government will not probably have a stable parliamentary majority to rely on, which means it will have to negotiate most policy measures on a case-by-case basis with other parties," Antonio Barroso, deputy director at the research firm Teneo, said in a note Friday. Nonetheless, Florian Hense, economist at Berenberg bank, told CNBC Monday that it is "not very likely" the new government will last until the end of the mandate.

"Negotiations between the central and Catalan regional government are unlikely to produce a lasting compromise, but will probably extend for much of 2020 or beyond, giving ERC a reason to remain engaged," Federico Santi, senior analyst at the research firm Eurasia Group said Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Leave the EU —take back your country

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tom Brady ‘Not Much For Nostalgia’ With Patriots Future UncertainFOXBORO, Mass. -- Not sure if you've heard yet, but Saturday night's wild-card round matchup with the Tennessee Titans could… NESN Pats lose belichick is going to cowboys Brady to chargers NESN That's not what he said when he lost to the Dolphins It was kinda of an accuse
Source: TMZ - 🏆 379. / 59 Read more »

Austria's Greens set to approve coalition with conservativesAustria's Greens were set to approve a coalition deal on Saturday with the ... Seeking a JOB: you can't trust conservatives First modern ecofascist govt
Source: Reuters - 🏆 2. / 97 Read more »

The Patriots Lost. Is Tom Brady Done?After New England’s loss to Tennessee in an AFC wild-card game, the end of the Patriots dynasty might be near while their 42-year-old quarterback’s future is uncertain I hope so. 👏🏾👏🏾👏🏾 Team’s practice shirts for next year should read: First and goal at the one!
Source: WSJ - 🏆 98. / 63 Read more »

Adam Carolla Says Young People Won't Serve in World War IIIAdam Carolla has some doubts about a future draft ever taking place. No one will. Because there won’t be a WW3 appforthat They won't.
Source: TMZ - 🏆 379. / 59 Read more »

Lazio extend winning run to nine with another late showTwo goals from Serie A's leading scorer Ciro Immobile, the second in stoppa...
Source: Reuters - 🏆 2. / 97 Read more »

Ailing Eskom's new CEO takes helm with power shake-up on agendaEskom's new chief executive took charge of the struggling state-owned utili...
Source: Reuters - 🏆 2. / 97 Read more »