A New Spain Emerges That Drives Conservative Opponents Crazy

  • Sanchez’s budget deal brings stability to minority government
  • Socialists forge pact with Basque and Catalan separatists
Photographer: Paul Hanna/Bloomberg
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Pedro Sanchez’s budget deal will shore up the foundations of his minority government and offer the chance of some political stability in Spain after five years of division and gridlock.

It’s a fragile alliance but the potential to roll over budgets and the high bar for no-confidence votes in Spain means that even if there is more friction between the parties, the premier is likely to survive at least until the next election, which isn’t due until 2023.