Europe’s Left-wing anti-austerity parties have claimed another victory after a surpise triumph in Spain’s local elections. The defeat of the two main parties that have dominated Spanish politics for more than 40 years means that a series of new Left-wing movements now hold the balance of power, inviting an unwelcome comparison with Greece. Across the country, even historical strongholds for the ruling Popular Party (PP) and the opposition socialist PSOE were rocked by the upsurge in support for recently formed groups, which can now hold the traditional parties to ransom as they try to form a ruling coalition. In all of Spain’s major cities, including Madrid and Barcelona, coalitions will be required.Full Article: Spain follows Greece as anti-austerity parties sweep local election - Telegraph.
May 26 2015