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Economic challenges face victorious Rajoy in Spain

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Economic challenges face victorious Rajoy in Spain


After Mariano Rajoy’s landslide victory in Sunday’s election in Spain, now begins the hard task of fixing the country’s serious economic problems.

His conservative People’s Party won the biggest majority for any party in thirty years, and the pressure will be on the new government to prevent Spain from being the next eurozone country to need an international bailout.

Speaking after his electoral victory, Rajoy said: “I ask you to continue helping me. I ask you to continue to support me. We will face difficult moments, but we have desire, courage, will, strength and support to form a government that will represent every Spaniard.”

With 45 per cent of the vote, the People’s Party roundly defeated the ruling Socialists, who saw their support fall to 29 per cent.

It was also a good night for smaller parties, who now have 56 seats – more than double their previous amount.

The minority parties benefited from the 4.5 million voters who deserted the Socialists, causing them to lose 58 seats.

Fighting words from party leader, Alfredo Rubalcalba, were not enough to prevent the drubbing. However, he has promised to support the new government when it officially takes over a month from now.

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