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Outgoing PM Rajoy (with light-blue tie) in parliament earlier this month. Rajoy admitted he lacks a majority support for a new government (Photo: La Moncloa Gobierno de España)

EU to warn Spain on political deadlock

The European Commission is preparing to voice worry about the effect of “political risks” in Spain on the country's economy, Spanish newspaper El Pais reported on Sunday (24 January).

“The difficulties of forming a government could slow down the agenda of reforms and trigger a loss of confidence and a decline in market sentiment,” the paper quotes from a draft commission document, due out in F...

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Outgoing PM Rajoy (with light-blue tie) in parliament earlier this month. Rajoy admitted he lacks a majority support for a new government (Photo: La Moncloa Gobierno de España)

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