Spain’s main left-wing parties said today they would prevent conservative Prime Minister Mariano Rajoy from forming a government after his ruling Popular Party won the most votes but lost its absolute majority in elections.
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Socialist leader Pedro Sanchez said Monday that Rajoy’s Popular Party had the first option to try to form a government, but noted that Spain was “entering a new political phase”, the Associated Press reported.
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Although analysts say these results could make it extremely hard for the PP to form a government because it wouldn’t get a majority of seats in Parliament by allying with Ciudadanos, its most natural partner.
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The Socialists and Podemos set out their positions in Madrid Monday after meetings of their respective party leaderships to chart a way forward following an inconclusive election that saw Rajoy’s PP lose its majority.
Roughly one-fifth of the seats in the new Parliament will be held by the anti-austerity Podemos Party, which was founded previous year.
A “coalition of losers” could form if the Socialists link up with Podemos and Ciudadanos.
“We are starting a new political era in our country”, he gushed as supporters looked on holding purple balloons to match the colours of the party at a rally following the announcement of the results.
Reflecting the concerns of foreign investors, Markus Kerber, director-general of the BDI Federation of German Industries, urged Spain’s new government to “stay the course” on economic policy.
With neither outgoing Prime Minister Mariano Rajoy’s PP conservatives nor left-wing parties winning a clear mandate to govern, the country faces weeks of uncertainty that cast doubt on the durability of its flagship economic reforms and unnerved financial markets.
Complicated and extended negotiations lie ahead: the only strong majority would be obtained by the previously unlikely combination of the incumbent People’s Party with the Socialist Party.
But the nominated leader must then win a vote of confidence in Parliament in order to take office.
These elections mark the end of decades of two-party politics in Spain.
Under the constitution, King Felipe VI will invite a party leader – normally from the party with the most votes – to form a government. If the second- and third-placed parties join together and have more parliamentary votes than the victor, the monarch could nominate them to try.
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There could also be an alliance of the leftist parties, but again, it would be a minority administration. But that has never happened before in Spain. That’s a lower bar which allows parties to abstain, letting a rival into power in return for concessions. If the candidate is not immediately successful, Parliament has two months to elect a prime minister or call a new election.
