Spain continues to slide deeper into recession. Economic output fell by 0.7 percent on the same period in 2011. It's the steepest decline in three years. Spending cuts and tax hikes are putting the brakes on growth.
The Spanish parliament is due to vote on Prime Minister Rajoy's reelection but he looks unlikey to garner the required absolute majority. Much will now depend on the Socialists, as Santiago Saez reports from Madrid.
Spain's acting Prime Minister Mariano Rajoy warned that the country may be forced to hold a third round of elections within a year. He accused his Socialist rival of refusing to cooperate in forming a government.
Spaniards had hoped election day would bring an end to political instability. Instead the poll looks to have returned more of the same and could lead to a third round of elections. Santiago Saez reports from Madrid.
Spain's general election looks likely to result in a weak government that is a poor representation of its voters. Interim Prime Minister Rajoy's conservative party leads the race. Santiago Saez reports from Madrid.
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