Spain’s about to hold a general election

Spain’s about to hold a general election: Here’s what you need to know

Spain is holding a snap election on April 28 and the vote may throw up some surprising results that could have ramifications for the wider political landscape in Europe.

CNBC explains why the country’s latest general election — its third in four years — matters.

Why a snap election?

Prime Minister Pedro Sanchez, the leader of the Spanish Socialist Workers’ Party (PSOE), called the election in February. This came after Catalan pro-independence parties, on whose support Sanchez’s minority government relies, joined forces with the center-right opposition and rejected the government’s 2019 budget proposals.

Sanchez has been at the helm of government for less than a year. He came to power in June 2018 after a vote of no-confidence in the previous People’s Party (PP) administration, under conservative Mariano Rajoy.

Spain’s general election in 2015 resulted in a hung parliament that the main parties could not resolve, leading to a fresh vote in 2016 that saw Rajoy re-elected as prime minister… [read more]

New York


Signum Global Advisors
1185 Avenue of the Americas
New York, NY 10036
+1.212.355.3500

London


Signum Global Advisors
33 St. James's Square
London, SW1Y4JS

Washington D.C.


Signum Global Advisors
1920 14th St. NW
Washington, D.C.

Copyright 2020. Designed By IMG