Skip to content
Subscriber Only

Spain at Crossroads as New Generation Threatens Rajoy Old Guard

  • Economic recovery may have come too late for government
  • Four major parties poll between 17% and 28% in final survey
Bloomberg business news

The Spanish Election Taste-Test

Spaniards go to the polls on Sunday in an election that’s likely to redraw the political map as a new generation of leaders seeks to break up the two-party system that’s ruled for the past three decades.

The economy is motoring again after a six-year slump and yet polls show Prime Minister Mariano Rajoy is set to lose about a third of the support that gave him a record majority four years ago. Voters have been angered by a wave of alleged corruption, an almost 700 billion-euro ($760 billion) jump in public debt after the bank rescue and joblessness still above 20 percent. Above all there’s just a growing sense that Spain needs a fresh leadership, whatever it may stand for.