|

News

    Homepage   >     Industry    >     Main body

    Spain's Socialists confident of reaching government deal with Podemos

    Abstract:Spain's Socialists said on Saturday they were confident of reaching a government agreement with the far-left Podemos party that would pave the way for acting Prime Minister Pedro Sanchez to be sworn in by parliament next week.

      MADRID (Reuters) - Spain's Socialists said on Saturday they were confident of reaching a government agreement with the far-left Podemos party that would pave the way for acting Prime Minister Pedro Sanchez to be sworn in by parliament next week.

      Socialist leader Sanchez, who won the most seats but fell short of a majority in a parliamentary election in April, hopes to be sworn in as prime minister but even with Podemos's support he will still need some extra votes from other parties.

      After days of increasing confrontation and stalled power-sharing talks, negotiations between the Socialists and Podemos reached a turning point on Friday after the far-left party's leader, Pablo Iglesias, said he was willing to give up having a post in a coalition government, accepting a key condition of Sanchez.

      “Now I am convinced that there will be an agreement. The party is (too),” Socialist Party deputy secretary general Adriana Lastra told reporters in Oviedo, northern Spain.

      “That's what we are going to be working on in the next hours, days ... with the goal that this country next week will have a fully functioning government,” she added.

      An alliance of the Socialists with Podemos, their most natural political ally, would bring Sanchez almost within touching distance of the parliamentary majority he needs.

      A parliamentary debate starts on Monday ahead of the first confirmation vote, scheduled for around 1800 (1600 GMT) on Tuesday.

      To be sworn in again as prime minister, Sanchez needs to win an absolute majority or at least 176 votes.

      If that fails, within two days he must seek a simple majority - where more lawmakers back him than oppose him or abstain - to be able to form the next government.

      If he loses that vote, a two-month countdown will begin until a new election is held.

      Podemos wants some key ministerial portfolios in any coalition government, but Sanchez has offered only lower-ranking posts, although he has opened the door to accept Podemos members in a coalition government.

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Convertible Amount
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.

    ×

    Select Country/Area