Spain hasn't had a functioning government since the inconclusive elections in both June and December. That's meant stalled investment and now signs the country's strong economic recovery could suffer. There'll now be a second vote on Friday. Mariano Rajoy desperately needs the support of the Socialists to reach a majority and form a government.
He'd need just 11 abstentions to win this second vote. But Sanchez has already said that his party will not abstain on Friday, bringing the country ever closer to a third election, possibly on Christmas Day.>>