Spain poised for new election as coalition efforts fail

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Just four months after an inconclusive general election, Spain is set to go back to the polls.

Final talks on Tuesday between King Felipe and political leaders failed to break a deadlock on forming a new government.

Pedro Sanchez’s Socialists and Podemos, the anti-austerity party of Pablo Iglesias, were, notably, unable to settle their differences – leaving hopes of a left-wing coalition in tatters.

“At this time, no leader has enough support to be appointed prime minister,” Spanish Parliamentary Speaker Patxi Lopez announced.

“So we will wait for May 2 and a decree dissolving parliament and the calling of new elections.”

In December’s poll, newcomers like Podemos made their mark – shattering Spain’s two party system, traditionally dominated by the Socialists and the conservative Popular Party (PP) of caretaker Prime Minister Mariano Rajoy.

Podemos and Ciudadanos (“Citizens”), a business-friendly party, entered the mainstream for the first time in the closely-contested ele

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