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Joined Nov 11, 2007
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The Socialists Lose in Spain; Austerity Threatened

“Spanish Prime Minister Jose Luis Rodriguez Zapatero’s Socialist party had its worst electoral setback in more than 30 years, prompting a shift in regional governments that risks reviving concern over public finances.

The opposition People’s Party won 38 percent of the vote in municipal voting yesterday, compared with 28 percent for the ruling Socialists, the Interior Ministry said. The Socialists lost control of Barcelona for the first time since 1979, and also ceded Seville. The central region of Castilla-La Mancha, held by the Socialists for three decades, fell to the PP, as did the Balearic Islands.”

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