11/12/2019, 2:39 PM (Source: TeleTrader)
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PSOE, Podemos confirm deal to form Spanish govt

Spanish interim Prime Minister and Spanish Socialist Workers' Party (PSOE) leader Pedro Sanchez and Podemos leader Pablo Iglesias confirmed on Tuesday that their parties reached an agreement to form a coalition government and signed the deal in front of reporters.

"I’m pleased to announce today, together with Pedro Sanchez, that we have reached a preliminary agreement to create a progressive coalition government that combines the experience of the PSOE with the courage of Unidas Podemos," Iglesias stated. Sanchez added that he believes the government will be a "progressive" one and will last "for four years, the entire term."

The agreement comes after PSOE won the most seats in Sunday's election in Spain but failed to secure a majority.

Breaking the News / NP