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Thank you so much!Spain is holding a snap election on April 28 and the vote may throw up some surprising results that could have ramifications for the wider political landscape in Europe.





CNBC explains why the country's latest general election — its third in four years — matters.


Prime Minister Pedro Sanchez, the leader of the Spanish Socialist Workers' Party (PSOE), called the election in February. This came after Catalan pro-independence parties, on whose support Sanchez's minority government relies, joined forces with the center-right opposition and rejected the government's 2019 budget proposals.


Sanchez has been at the helm of government for less than a year. He came to power in June 2018 after a vote of no-confidence in the previous People's Party (PP) administration, under conservative Mariano Rajoy.

Spain's general election in 2015 resulted in a hung parliament that the main parties could not resolve, leading to a fresh vote in 2016 that saw Rajoy re-elected as prime minister.


The main political parties are as follows:

- The left-wing Spanish Socialist Workers' Party (PSOE)- The center-right People's Party (PP) - The far-left Unidos Podemos (United We Can) party - The centrist Ciudadanos (Citizens' Party, or Cs) - The populist, far-right Vox party

There is a plethora of other smaller parties and alliances, including rival blocs that advocate independence in Catalonia: the Republican Left of Catalonia (ERC) and Sovereigntists, and Together for Catalonia (JxCat).

Vox is a relative newcomer to the political establishment as it was founded in late 2013. It employs a brand of right-wing populism and nationalism with an emphasis on conservative family values.


The party has resonated with voters that are disaffected with government attempts to deal with regional separatism (a cause it vehemently opposes) in the Basque Country and Catalonia, and, to a lesser extent, immigration.

In late 2018, Vox made waves by winning 12 seats in Andalusia's regional election, far exceeding a prediction it would only win two or three seats.


Opinion polls in recent weeks have consistently signaled that Sanchez's socialists could win the largest share of the vote — but not enough for the party to govern alone.

The party has been overseeing a minority government with just 84 seats in the 350-member Congress of Deputies, Spain's lower house of parliament. In this election, it could gain as many as 54 seats — but that would still fall short of the 176 seats a party needs to gain a majority.

Opinion polls have consistently showed that the PSOE leads by a wide margin and is seen with between 28 to 31% of the votes. The PP is trailing with around 20-24% of the vote. Ciudadanos is seen with around 15% and Podemos with around 12-13%. The Vox party is seen getting around 9-11% of the vote.

A large number of voters (25-30%) remain undecided as to who to vote for, and this could have a significant impact on the final result.

Speculation is already mounting over what alliances PSOE could seek to enable it to form a government. Anna Rosenberg, partner and head of Europe and U.K. at Signum Global Advisors, told CNBC that the socialists were benefiting from the fragmentation on the right.

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