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Sanchez Holds the Upper Hand in Talks With Spanish Rival

Sanchez Holds the Upper Hand in Talks With Spanish Rival

Sanchez Holds the Upper Hand in Talks With Spanish Rival

(Bloomberg) -- Spain’s acting Prime Minister Pedro Sanchez needs deputies from Podemos, an anti-austerity party, to back him in a parliamentary vote this week to enable him to form a government. Pablo Iglesias, Podemos’s leader, is trying to persuade Sanchez to give his party seats in the next cabinet. A failure to reach an agreement could mean new elections and that would be a risky outcome for Iglesias. Riven by internal disputes, his party has been shedding supporters and may lose more if voters go back to the polls.

To contact the reporters on this story: Thomas Gualtieri in Madrid at tgualtieri@bloomberg.net;Charles Penty in Madrid at cpenty@bloomberg.net

To contact the editors responsible for this story: Sheldon Reback at sreback@bloomberg.net, ;Ben Sills at bsills@bloomberg.net, Zoe Schneeweiss

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