You are seeing these quotes based on previous browsing related to sectors such as
Bank of America Merrill Lynch's experts warned on Tuesday in a report echoed by Spanish VozPópuli of the risks of the Spanish voting outcome. "It is increasingly clear that it it will be difficult to form a strong government in Spain with the ability to meet the fiscal adjustments and structural reforms that will be still pending after the November elections," they noted
Read more: Bank of America warns of the Spanish political uncertainty
UK's Financial Times has echoed the voting outcome of the Spanish elections, stating that “In no particular order, the winners were: confusion, fragmentation and unpredictability.” FT also emphasised the “impressive entry” into regional and local assemblies of Podemos and Ciudadanos. This made Spain turn from “a two-party regime into a four-way contest” In addition, FT also pointed out that the elections results is a scenario “that will probably be repeated at the general elections later this year”.
Ahora Madrid, the coalition that won the local election in Spain's capital city, has tweeted a picture introducing the team that “will change Madrid's town hall”.
Este es el equipo con el que vamos a cambiar el Ayuntamiento de Madrid. pic.twitter.com/hFiyL3HIec
— Ahora Madrid (@AhoraMadrid) May 25, 2015
The Spanish Continuous Market official index Ibex 35 led on Monday the declines of the European markets, in the aftermath of the country's local and regional elections. “The result does not seem to please the market, as it opens a more fragmented and unstable political landscape in which the major cities will need collations of two or more parties,” IG's analyst Daniel Pingarrón said in an emailed statement. Pingarrón also emphasised the “strong presence of the anti-austerity party” (Podemos) similar to Greece's Syriza, but pointed out that the voting outcome is not enough to explain the market's performance.
Spain's main equity index, the Ibex 35, falls 2% amid political uncertainty in the elections aftermath and Greece's possible bankruptcy.
With more than 95% of the votes counted, PP became the most voted political party. PP will be able to rule in 2.768 municipalities (34.24% of the total), and has won relative majority in 656 town halls, although some regions gave a big surprise on Sunday night.
The collapse of 11 points experienced by the ruling People's Party's (PP) in Spain's local and regional elections 2015 opens up a new political landscape where the left parties have the key to hundreds of institutions.
Market analysts have shown their concern over the Spanish elections results. “There is a potential for investor sentiment towards the Euro to be pulled down even further by the news that anti-austerity parties were declared victorious in several local elections in Spain,” FXTM Market Analyst Jameel Ahmad thinks.
Socialist Party PSOE's leader Pedro Sánchez has assured he will call Podemos' head Pablo Iglesias as well as Ciudadanos' (Citizens) leader Albert Rivera to bring positions closer regarding the voting outcome, that will force parties to form coalitions. He even showed his willingness to “assume responsibilities” and “lead” left-wing coalitions, as he believes that “Podemos and Ciudadanos are not ready to lead the change” in Spain.
Ruling People's Party's Deputy Secretary-General of Organisation Carlos Floriano has shown his mistrust over the politics that Podemos may carry out in key town halls following the voting outcome. During an interview at the state's tv channel TVE, Floriano assured that Podemos could adopt “extreme leftist” politics that could result very harmful for the Spanish citizens.
“We all agree that Podemos is a far-left wing party,” Floriano added.
In the opinion of analysts at Barclays, the most important take-away from this weekend’s regional and municipal elections in Spain "is what we will learn in the coming days/weeks from the behaviour of the four main parties (PP, PSOE, Podemos and Ciudadanos), as the results delivered few absolute majorities." -
Read more: Spanish stocks sag in aftermath of regional elections
Spain´s left-wing parties pressed the PP in the country´s major cities.
In a press conference, PSOE General Secretary Pedro Sanchez thanked the support shown by those who voted for his party. “If something was made clear during these elections is that the PSOE has neutralised the Popular Party”, and that if there was any alternative to the ruling party “that alternative is called PSOE”. Sánchez emphasised that the Socialist Party was the most voted left party.
Ciudadanos' (Citizens) leader Albert Rivera celebrated the outcome for his party in its first local elections. “We have done it our way, with people from Ciudadanos, without coalitions,” Rivera said. He highlighted how the party had won more than 50 city halls across the country
PP's candidate to Valencia's town hall Rita Barberá assured she did not like the voting outcome for the local election. Nevertheless, Barberá emphasised that the PP was the “most voted political force” within the region and urged political parties to reach a “state pact against radicalism”.
With all the votes counted, PP won 10 councillors in Zaragoza, Zaragoza en Común 9, PSOE 6, Citizens 4 and local Chunta Aragonesista 2.
With 99.5% of the votes counted, PP and PSOE tie in Castilla La Mancha's capital city Toledo with 9 councillors. Ganemos Toledo won 4, and Citizens 3
EH Bildu, PP and PSOE won 4 councillors each. Bilbao en Común got 2, the same as Ganemos.
Podemos leader Pablo Iglesias welcomed the outcome of Sunday´s elections and pointed out that his party is “ready to win against the PP in the general elections” that are expected to take place by the end of the year, although the precise date has yet to be set.
After the outcome of Sunday´s voting in Spain´s local elections were made public, the leader of centrist UpyD's (Union, Progress and Democracy) did not resign but announced she would not stand again to lead the party she founded.