MADRID (Sputnik) — Spain's Podemos party will not enter into a coalition with the People's Party (PP) led by the country's current Prime Minister Mariano Rajoy, Podemos leader Pablo Iglesias said Monday.
Spain’s ruling People’s Party (PP) won the general elections, securing 123 seats in the lower house of parliament, the Congress of Deputies, but, crucially, it failed to gain an outright majority. PP’s traditional rival, the Spanish Socialist Workers’ Party (PSOE), won 90 seats.
Spain’s left-wing Podemos party, founded in 2014, came third in the elections with 69 seats in the 350-seat parliament. It campaigned on a platform that calls for the renegotiation of unpopular austerity measures mandated in order to pay back the country's EU debts.