But that’s unlikely, analysts say, because the party wouldn’t get enough seats in the lower house of parliament even by allying itself with the new business-friendly Ciudadanos party that came in fourth place and is seen as the most likely ideological partner.
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On lowering corporate costs, regulators will be asked to cut the financing costs of enterprises and “normalise interest rates”. The government aims to keep economic growth within a “reasonable range” next year, state radio said without giving specifics.
“Spain is not like Germany and will not form a grand coalition”, said Rodrigo Serrano, a retired 67-year-old at a Ciudadanos supporters event in Madrid.
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Anyone wanting to volunteer to man a Red Kettle may call the Salvation Army Jamestown office at 252-0290. A 5K fundraising event on the Longleaf Trace was hosted by Diva Timing and Soccer Locker.
Rajoy’s government is credited with dragging Spain back from the economic abyss and returning it to strong growth.
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Los Angeles Clippers center DeAndre Jordan has the NBA’s active mark for consecutive games played at 350 entering Monday’s game. The Blazers, with a record of 11-18, will also be without starting guard CJ McCollum on Monday due to ankle injuries.
A strong showing yesterday by a pair of upstart parties in Spain’s general election upended the country’s traditional two-party system, with the ruling Popular Party (PP) winning the most votes but falling far short of a parliamentary majority and at risk of being booted from power.
If forced out of government, Rajoy’s Popular Party would become the third European victim this year of a voter backlash against austerity measures following elections in Greece and Portugal.
Prime Minister Mariano Rajoy, here with his wife Elvira Fernandez, tops the votes, but falls far short of forming government.
Three of Spain’s top political parties signaled Monday they would not actively support a bid by acting Prime Minister Mariano Rajoy to form a new government, paving the way for weeks or possibly months of negotiations and political uncertainty. Those two parties, Podemos and Ciudadanos, are “the two major destabilizers in this election”, Campbell said in a note.
But Podemos leader Pablo Iglesias is insisting on a Catalan independence referendum as a condition for a deal, which would be hard for the Socialists to agree to.
The Socialists and Podemos on Monday ruled out voting in favor of Rajoy.
But Socialist leader Pedro Sánchez said the result clearly shows “Spain wants a move to the left”, adding that he and his party are ready for talks that could lead to a governing accord.
The nation’s devastating economic crisis, non-stop corruption scandals and a separatist drive in the northeastern region of Catalonia have dominated Spanish politics over the past four years.
With no one party able to form a majority government, the parties will discuss formation of some coalition administration which may require protracted discussion.
After holding talks with the leaders of each party that has won seats in parliament, King Felipe VI, the head of state, will nominate a prime minister, most likely Rajoy. Spain’s economy grew by 3% this year, and unemployment had fallen from a historic 27% to 21%. “The key question is whether there will be a coalition of parties against Rajoy”.
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The party led by political-newcomer Albert Rivera garnered only 13.91% of the votes, giving them 40 MPs in Madrid.
