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Spain heads for third election in a year

Thursday, September 01, 2016 - 01:05

Spain's image as a star euro zone performer gets battered again by its repeated failure to form a viable government. As Mia Reakes reports, a new election looms after acting prime minister Mariano Rajoy lost his confidence vote in parliament.

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Spain gets set for a third election in less than a year. The country's acting prime minister losing a confidence vote in parliament on Wednesday. With the opposition Socialists steadfastly refusing to cooperate. Leader Sanchez says Rajoy is too tarnished by corruption scandals to oversee the "regeneration" of Spanish politics that he has demanded. Spain hasn't had a functioning government since inconclusive elections in both June and December. That's meant stalled investment and now signs the country's strong economic recovery could suffer. There will now be a second vote on Friday. Mariano Rajoy desperately needs the support of the Socialists to reach a majority and form a government. He would need just 11 abstentions to win this second vote. But Sanchez has already said his party will not abstain on Friday... Bringing the country ever closer to a third election, possibly on Christmas Day.

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Spain heads for third election in a year

Thursday, September 01, 2016 - 01:05