FIRST AIRED: May 22, 2017

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00:00:02
>> An unexpected choice for Spain's opposition Socialist party, the return of former leader Pedro Sanchez to the helm. He's one of the most outspoken critics to Mariano Rajoy's ruling conservatives and their austerity policies. His comeback makes it that bit harder for Rahoy's minority government to push his market friendly reforms through Parliament.
00:00:23
The Spanish Prime Minister also faces a vote of no confidence in the coming week, and has warned a hung parliament could trigger a new election. But Reuters Sonia Del in Madrid says the Socialists aren't expected to move against him just yet.>> Analysts and commentators now are saying that he's unlikely to want to destabilize the minority government now and he's more likely to focus on reuniting his bitterly divided party.
00:00:48
The Socialists could group now with the far left, with Podemos, to create a more stubborn opposition although even so, they do not have enough numbers, Podemos and the Socialists, to create a convincing absolute majority in Parliament.>> Sanchez was ousted last year after he refused to abstain in a vote to break a nine month political deadlock.
00:01:14
He had presided over a slump in the Socialist support as they ceded ground too far left Podemos and fed badly into elections. His election despite that may be a revolt by the party rank and file that draws parallels with Jeremy Corbyn shooting to the top of the UK Labour Party.
00:01:30
>> It showed our party and our move->> This move of party members to vote Sanchez back into power as the party chairman is seen as a rebellion against the establishment, because his main rival was seen as the favorite of the party establishment, which includes two former prime ministers.
00:01:52
It's a fight against drifting towards the center ground, and towards more collaboration with the center-right ruling People's party.
00:02:03
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00:02:05
>> They'll also be hoping to lure supporters away from whose strident anti-austerity starts left the Socialists struggling to find an identity.>>
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