Rajoy Gain in Spain May Be Poisoned Chalice as Yields Rise
This article is for subscribers only.
Losing two elections may be the best thing that ever happened to Mariano Rajoy’s career.
After Spain’s deepest economic crisis in six decades eroded support for the governing Socialists, the 56-year-old People’s Party leader looks set to win by the biggest margin since 1982, leaving him to overhaul the euro area’s fourth-largest economy.