Rajoy to Form Minority Government Thanks to Abstentions: Expect No Stability

by Mike ‘Mish’ Shedlock
Mish Talk

Mariano Rajoy is headed for another term as Spanish prime minister following two inconclusive elections.

It’s been 10 months since Spain has had a government, but King Felipe asked Rajoy to try one more time while pressuring the socialists to support or abstain in a parliamentary procedure.

Abstain it is.

Bloomberg reports Rajoy Faces Vote This Week as He Moves to Reclaim Power in Spain.

Continue Reading at MishTalk.com…