Spain’s PM Sees No Alternative to New Elections in Catalonia

Spain’s acting Prime Minister Mariano Rajoy said on Tuesday he saw no alternative to a repeat of elections in Catalonia after the region’s pro-independence party fractured over who to name as the new government’s leader.

On the formation of a national government after the inconclusive December 20 national election, Rajoy said he had no plans to stand down as prime minister candidate.

CNBC

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.