Rajoy Falls, Paying Price for Generation of Corruption in Spain
- Prime minister defeated in no-confidence vote Friday
- Socialist Sanchez takes over with support of Podemos
Bloomberg’s Maria Tadeo reports on Sanchez’s rise to power.
Source: BloombergThis article is for subscribers only.
Spanish Prime Minister Mariano Rajoy was defeated Friday, overwhelmed by the drumbeat of corruption revelations that has grown throughout his seven years in office.
Rajoy, 63, was ousted by a no-confidence vote in Parliament after the anti-establishment group Podemos and Catalan separatist groups lined up behind Socialist leader Pedro Sanchez. Sanchez is due to be sworn in as premier by King Felipe in the coming days.