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Spain's Rajoy seeks support to avert another election

Aug. 30, 2016 4:39 AM ETEWP, QESP, HEWP, DBSPBy: Yoel Minkoff, SA News Editor
  • Acting Prime Minister Mariano Rajoy will ask the Spanish Parliament to back him for a second term today, as he seeks to end an eight-month political impasse.
  • Rajoy has secured 170 votes in the 350-seat chamber, but with many party leaders still opposed to his candidacy, the incumbent is set for defeat unless the grandees within the Socialist Party can persuade its leader, Pedro Sanchez, to back down at the last minute.
  • ETFs: EWP, QESP, HEWP, DBSP

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