There will be a Repeat Election in a few months. Nothing is clear yet. We know that markets dont like uncertainty. We will see how it changes in the next few weeks. In principle, there is a deal between the socialists and the catalan party. If that extends to government, we do not know yet. We will find out pretty soon. This has all weighed quite heavily on spain in general, hasnt it . Talk us through some of the issues the country has been facing. Well, yes, at an economy level, spain is really struggling with unemployment, it is a structural problem, for the past few decades. It is the highest in all of the european union, between 11 and 12 . Especially Youth Unemployment is very high, around 20 . Is very high, around 28 . Also the highest in the eu. So the main struggle for any. The main challenge for any government is reducing unemployment. There has been progress in the past few years under the socialist led government. It has been reduced. But it still has a long way to go. Now,
Analysis: Divided DP faces hard future as smaller faction holds official mantle, but little voter support – Tirana Times
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The deadlock in Spanish politics is set to be prolonged with the clock ticking slowly towards a possible repeat election in January. Francina Armengol, the Soc
welcome to world business report. i m marc ashdown three weeks after spain s inconclusive snap election, the country s socialist party led by acting prime minister pedro sanchez is finally a step closer to forming a government. as madrid s parliament reconvenes today the socialists need support from the catalan nationalist party, junts, in order to form a coalition. there does now appear to be an agreement and parliament has elected a new socialist speaker, the first step towards forming a government. there have been concerns that the political instability might affect spain s economy, which continues to struggle with high unemployment. david latona is a reuters journalist based in madrid. i asked him what happens next. this is the first step that does indicate that there could be a socialist led government in the future weeks. but it was an inconclusive general election, with a hung parliament, so there is still a chance
three weeks after spain 5 inconclusive snap election, the country s socialist party led by acting prime minister pedro sanchez is finally a step closer to forming a government. as madrid s parliament reconvenes today the socialists need support from the catalan nationalist party, junts, in order to form a coalition. there does now appear to be an agreement and parliament has elected a new socialist speaker, the first step towards forming a government. there have been concerns that the political instability might affect spain s economy, which continues to struggle with high unemployment. david latona is a reuters journalist based in madrid. i asked him what happens next. this is the first step that does indicate that there could be a socialist led government in the future weeks. but it was an inconclusive general election, with a hung parliament, so there is still a chance
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