After nearly four months of intense negotiations, Spanish Prime Minister Pedro Sánchez was finally able to secure a new term in office, with the help of far-left Podemos party, Unidas Podemos.
The agreement between the two parties will see Mr. Sánchez in control of the government as Spain moves into its third consecutive year of political deadlock, with parties unable to agree to the governing of the nation.
Sánchez’s Socialist Workers’ Party was able to secure a much narrower majority than his initial victory in April of 2019. The new government will be made up of 173 Socialists and 35 Unidas Podemos lawmakers in a coalition looking to govern for at least four years.
With the passing of several reforms, the new government of Spain hopes to provide some much-needed economic stability to the country. Despite the coming of a new era in the life of the nation, however, even the most optimistic of predictions can not guarantee an end to the ongoing political impasse.
That said, this is arguably the best result for the Spanish people going into 2020. With each of the two major parties, the Socialists and the center-right People’s Party, unwilling to develop a coalition with the other, Mr. Sánchez and his allies have found a compromise.
The agreement will provide a sense of relief amongst those in the country, who had faced an increasing amount of uncertainty since April of last year. Premier Sánchez is able to build on his first term in office, and continue with much-needed reforms that had been previously stalled.
Overall, these are significant developments in Spain. With the lengthy deadlock and anticipated economic reforms, the country may yet find a greater degree of political and economic stability in the near future.