Spain’s Socialists Still Hope Key Party Will Back Government

(Bloomberg) -- Spain’s Socialists still hope anti-austerity party Podemos will back their attempt to form a government and avert new elections, acting Public Works Minister Jose Luis Abalos said.

• The Socialists would accept support from Podemos without expecting them to formally endorse the party’s political program, Abalos told RNE Radio in an interview Tuesday
• King Felipe VI will meet the leaders of main political parties on Tuesday to judge whether acting Prime Minister Pedro Sanchez has enough support to form a government. If he judges that Sanchez doesn’t have sufficient backing, Spain is headed for fresh elections on Nov. 10.

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