Report
Jesus Castillo

Spain elections: Socialist party wins the first battle

Pedro Sanchez the ruling Prime Minister won the elections with 12 3 seats in the Spanish Congress ( and 121 in the Senate) . Despite a significant increase compared to June 2016 results, he still doesn’t have a majority with his parliamentary partner Unidas Podemos (UP) . The latter has lost ground with 42 MPs from 71 previously. From its side the People’s Party registered its worse result in all its history. It has obtained 6 6 MPs from 137 . Ciudadanos ( CS ) increased somewhat its weight in the congress but below its expectations (from 32 to 57 ). Finally, Vox (extreme right) gets 24 MPs for the first time and disrupted the right wing of the political landscape.
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Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Jesus Castillo

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