Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

A landslide victory for the 'invisible candidate' in Algeria's Presidential polls

Read more

THE WORLD THIS WEEK

The World This Week - 18 April 2014

Read more

THE WORLD THIS WEEK

The World This Week - 18 April 2014 (part 2)

Read more

MEDIAWATCH

Presidential adviser resigns over "shoe-shine scandal"

Read more

#THE 51%

Breaking stereotypes

Read more

#TECH 24

Galaxy S5 v. HTC One (M8): Which is the right one for you?

Read more

FRANCE IN FOCUS

New PM Manuel Valls outlines priorities

Read more

FASHION

Jean-Marc Loubier, bags and shoes.

Read more

ENCORE!

Hip-hop musician Beat Assailant on mixing the sounds of the city

Read more

  • French journalists abducted in Syria freed

    Read more

  • South Korea ferry captain defends decision to delay evacuation

    Read more

  • In pictures: Good Friday celebrated across the globe

    Read more

  • VIDEO: Anti-Semitic leaflets in Eastern Ukraine condemned

    Read more

  • Bouteflika, the ghost president

    Read more

  • Does Valls’ upcoming Vatican trip violate French secularism?

    Read more

  • Ukraine separatists say ‘not bound’ by Geneva deal

    Read more

  • Abel Ferrara’s hotly awaited DSK film to premiere on web

    Read more

  • Obama signs bill to block controversial Iran diplomat from UN post

    Read more

  • Ukraine: ‘One bloody incident could scupper Geneva deal’

    Read more

  • Astronomers discover Earth-like planet that could support life

    Read more

  • Indian election: Votes for sale

    Read more

  • World honours Garcia Marquez’s magical literary legacy

    Read more

  • In pictures: Iranian woman pardons son’s killer at the gallows

    Read more

  • Algeria's ailing Bouteflika clinches fourth term amid fraud claims

    Read more

  • Top Hollande adviser resigns over conflict of interest accusation

    Read more

  • West African Ebola outbreak caused by new strain of virus

    Read more

  • In Prijedor, survivors fight to keep memory alive

    Read more

  • Mob launches deadly attack on UN shelter for S. Sudan civilians

    Read more

  • Stagehand of God? Maradona's legendary goal inspires a play

    Read more

Europe

Spanish Prime Minister calls early general election

©

Video by Catherine VIETTE

Text by News Wires

Latest update : 2011-07-30

Looking to take advantage of favourable poll ratings, Spain’s Prime Minister Jose Luis Rodríguez Zapatero (pictured) announced Friday that he was calling a general election for November, four months earlier than planned.

REUTERS - Spanish Prime Minister Jose Luis Rodriguez Zapatero announced an early general election in November, four months early than scheduled, looking to capitalise on a slight upturn in opinion poll ratings.

"I believe the moment has arrived to announce a general election ... which will be held on November 20," Zapatero told a news conference on Friday.
 
Political commentators had widely speculated that the Socialists could take advantage of improved poll ratings and an uptick in summer employment data to call an early election.
 
The conservative opposition under Mariano Rajoy is widely expected to win the vote, but analysts say the only question is by what margin.
 
Spanish debt has been in the firing line in financial markets on the heels of a review for a possible downgrade from credit rating agency Moody's, which cited weak growth and out of control regional spending as key challenges for the euro zone's fourth largest economy.
 
"I'm not convinced an election alone, even if it creates a fairly stable new government, will calm down markets. What we've seen in the last 18 months is that there are events that have a short-term impact on the markets," said David Bach, an economist at IE business school.
 
"The markets will probably respond positively initially until they realise there might not be an alternative plan as people had hoped for."
 
Unpopular Zapatero has been considered a weak leader since he decided not to run again earlier this year, and the Socialists badly lost a May regional election.
 
Former Interior Minister Alfredo Perez Rubalcaba was subsequently named the Socialist candidate.
 
A survey by the Centre of Socialogical Investigations conducted July 4 to 11 gave the Socialists, lead by Rubalcaba, had an approval rating of 36 percent compared to the Popular Party's 43.1 percent.
 
The poll results showed the Socialists had narrowed the PP's lead by 3 percentage points from the previous poll in April and since Rubalcaba announced he would run for the prime minister post.
 
According to the poll, 81.5 of those surveyed had little of no confidence in Zapatero.

Date created : 2011-07-29

  • SPAIN

    Angry protesters return to Madrid's Puerta del Sol

    Read more

  • SPAIN

    Economic crisis fuels Spain protests

    Read more

  • SPAIN

    Spain’s Socialists suffer worst defeat in 30 years

    Read more

Comments

COMMENT(S)