Greek Deal Shows Limitations Facing Syriza Ally Podemos in Spain

Greece’s capitulation to creditor demands in an effort to stay in the euro may serve as a reality check to Prime Minister Alexis Tsipras’s allies in countries such as Spain as they make their own bids for power.

With national elections due later this year, Spain is the most immediate barometer of the ramifications of the deal struck with Greece. Anti-austerity party Podemos, which has made common cause with Tsipras’s Syriza bloc, and ideological adversaries such as Prime Minister Mariano Rajoy’s People’s Party were still parsing the fallout of the Brussels showdown.