R&D from Prepd: Spain’s Parliamentary Elections

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This R&D provides resources on Spain’s parliamentary elections, which took place on Sunday.  The governing People’s Party (PP) won the most votes in the election, but a collection of left-wing parties, including the anti-austerity Podemos successfully fractured the vote.  Yesterday, these three parties – the Socialist Party, Podemos, and the classically liberal Ciudadanos – ruled out joining a governing coalition with the PP.  The move may rattle European markets, which had generally approved of the austerity policies of the PP over the last several years.

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