Berliner Boersenzeitung - Spain's conservatives boosted ahead of 2023 election

EUR -
AED 4.102105
AFN 75.943776
ALL 98.559302
AMD 432.564919
ANG 2.012493
AOA 1053.718626
ARS 1078.246379
AUD 1.615995
AWG 2.013058
AZN 1.903018
BAM 1.956263
BBD 2.254705
BDT 133.431563
BGN 1.95567
BHD 0.420474
BIF 3227.592984
BMD 1.116814
BND 1.432422
BOB 7.716309
BRL 6.068661
BSD 1.116649
BTN 93.443216
BWP 14.597564
BYN 3.654164
BYR 21889.557957
BZD 2.250874
CAD 1.510324
CDF 3199.673034
CHF 0.93949
CLF 0.036393
CLP 1004.183913
CNY 7.830771
CNH 7.796932
COP 4662.174305
CRC 579.581211
CUC 1.116814
CUP 29.595576
CVE 110.844247
CZK 25.143401
DJF 198.480656
DKK 7.45943
DOP 67.511856
DZD 147.632829
EGP 53.951777
ERN 16.752213
ETB 133.128577
FJD 2.438568
FKP 0.85052
GBP 0.835251
GEL 3.038171
GGP 0.85052
GHS 17.612595
GIP 0.85052
GMD 76.506072
GNF 9640.902719
GTQ 8.637546
GYD 233.589897
HKD 8.679836
HNL 27.775602
HRK 7.593232
HTG 147.162717
HUF 397.072547
IDR 16891.646973
ILS 4.169519
IMP 0.85052
INR 93.498064
IQD 1463.026578
IRR 47023.461504
ISK 150.960204
JEP 0.85052
JMD 175.431498
JOD 0.791491
JPY 158.829409
KES 144.069421
KGS 94.039997
KHR 4539.850039
KMF 493.213107
KPW 1005.13213
KRW 1463.356082
KWD 0.34064
KYD 0.930595
KZT 535.615475
LAK 24662.053383
LBP 100066.551049
LKR 333.41887
LRD 216.410712
LSL 19.192495
LTL 3.297662
LVL 0.67555
LYD 5.294124
MAD 10.82556
MDL 19.447167
MGA 5082.621727
MKD 61.575479
MMK 3627.368897
MNT 3794.934539
MOP 8.941976
MRU 44.354319
MUR 51.318034
MVR 17.154688
MWK 1938.789804
MXN 21.993751
MYR 4.606902
MZN 71.336549
NAD 19.192495
NGN 1863.393714
NIO 41.102919
NOK 11.725475
NPR 149.506067
NZD 1.76137
OMR 0.429471
PAB 1.116634
PEN 4.187052
PGK 4.437666
PHP 62.551688
PKR 310.143432
PLN 4.278011
PYG 8716.061777
QAR 4.066042
RON 4.979097
RSD 117.161668
RUB 105.231058
RWF 1487.59649
SAR 4.189354
SBD 9.261119
SCR 14.79953
SDG 671.767835
SEK 11.271168
SGD 1.429415
SHP 0.85052
SLE 25.516192
SLL 23419.029236
SOS 637.701275
SRD 34.286758
STD 23115.798718
SVC 9.770311
SYP 2806.029064
SZL 19.192494
THB 36.151687
TJS 11.881355
TMT 3.90885
TND 3.394561
TOP 2.615695
TRY 38.161322
TTD 7.585372
TWD 35.28057
TZS 3048.90309
UAH 45.967974
UGX 4125.289807
USD 1.116814
UYU 46.821075
UZS 14225.424679
VEF 4045718.043587
VES 41.120607
VND 27484.797006
VUV 132.590423
WST 3.124246
XAF 656.162155
XAG 0.035308
XAU 0.000421
XCD 3.018247
XDR 0.826043
XOF 657.249161
XPF 119.331742
YER 279.566552
ZAR 19.114316
ZMK 10052.671816
ZMW 29.530836
ZWL 359.613711
  • RBGPF

    64.7500

    64.75

    +100%

  • BCC

    1.1800

    141.49

    +0.83%

  • SCS

    0.0400

    13.25

    +0.3%

  • GSK

    -0.1900

    40.71

    -0.47%

  • RIO

    0.4800

    71.23

    +0.67%

  • CMSC

    0.0300

    25.14

    +0.12%

  • NGG

    -0.3300

    69.73

    -0.47%

  • RELX

    -0.5300

    47.56

    -1.11%

  • CMSD

    -0.0300

    25.08

    -0.12%

  • JRI

    0.1200

    13.58

    +0.88%

  • BTI

    -0.2369

    36.84

    -0.64%

  • BCE

    0.3600

    35.19

    +1.02%

  • AZN

    -0.5600

    77.62

    -0.72%

  • VOD

    0.0500

    10.09

    +0.5%

  • RYCEF

    0.0100

    7.05

    +0.14%

  • BP

    0.6300

    31.42

    +2.01%

Spain's conservatives boosted ahead of 2023 election
Spain's conservatives boosted ahead of 2023 election / Photo: CRISTINA QUICLER - AFP

Spain's conservatives boosted ahead of 2023 election

A resounding win by Spain's conservative Popular Party in a weekend regional election in Andalusia appears to have boosted its chances in national elections next year and weakened Socialist Prime Minister Pedro Sanchez.

Text size:

The Popular Party (PP) secured 58 seats in Sunday's election in Spain's most populous region -- three more than the 55 needed for an absolute majority. That constitutes its best-ever result in the longstanding Socialist stronghold.

The Socialists won 30 seats, their worst-ever result in Andalusia. It governed there without interruption between 1982 and 2018, when it was ousted from power by a coalition between the PP and centre-right Ciudadanos.

This was the Socialists' third consecutive regional election loss to the PP after votes in Madrid in May 2021 and Castilla y Leon in February.

Sanchez's government has been struggling to deal with the economic fallout from Russia's invasion of Ukraine, which has fuelled inflation worldwide, especially through increasing energy prices.

Socialist party officials argued the results of a regional election "can't be extrapolated" nationally.

But in an editorial, centre-left daily El Pais said no one can deny the gulf in the election scores obtained between the two parties in two of Spain's most populated regions -- Andalusia and Madrid.

This was "more than just a stumble", it argued.

"This may be a symptom of a change in the political cycle" at the national level, it added. The conservative daily ABC took a similar line.

- 'Worn down' -

Pablo Simon, political science professor at the Carlos III University, said this "new cycle" in which "the right is stronger" began when the PP won a landslide in a regional election in Madrid in May 2021.

It could culminate with the PP coming out on top in the next national election expected at the end of 2023, he added.

But Cristina Monge, a political scientist at the University of Zaragoza, took a more cautious line.

"The government is worn down after four difficult years due to the pandemic" and the war in Ukraine, which has fuelled inflation, she said.

She refused to "draw a parallel" between Andalusia and Spain, arguing "there is still a lot of time" before the next national election.

Sanchez come to power in June 2018 after former PP prime minister Mariano Rajoy was voted out of office in a no-confidence motion triggered by a long-running corruption scandal.

The PP then suffered its worst-ever results in the next general election in 2019, which the Socialists won.

Sunday's election was the first since veteran politician Alberto Nunez Feijoo, a moderate, took over as leader of the PP from Pablo Casado following a period of internal party turbulence.

- 'Packing his bags' -

"People are fed up with Sanchez," the PP's popular regional leader of Madrid, Isabel Diaz Ayuso, said Monday.

"If national elections had been held yesterday, the result would have been the same and today he would be packing his bags," she added.

Up until now, the far-right Vox party had supported the PP in Andalusia but from outside government.

This time around however, it had said its support would be conditional on getting a share of the government of the southern region.

But the PP's commanding victory in Andalusia means that is now moot: it no longer has to rely on far-right party Vox to govern.

At the national level, it could be a different story however, said Pablo Simon.

A PP government nationally that did not rely on Vox would be "impossible" due to the fragmentation of parliament, which has several regional and separatist parties.

(K.Lüdke--BBZ)