Victory for the far left Syriza party in Greece has been hailed as a triumph by Podemos in Spain. Both parties have an anti-austerity agenda which has appealed to voters.
There are differences though between the two countries. In Greece the socialist government lost control of the financial situation and sought a bailout which only came with conditions of very strict austerity measures. In return the country has received 240bn euros. By contrast Spain did not ask for a bailout but did receive 41bn euros to rescue its banking system.
No matter, Pablo Iglesias’ party still intends to kick out the so called self-serving, established figures in both the PP and the Socialist parties. In January, the fledgling party won 8% of the votes in the European elections and currently are polling 28% of the votes. Voters in Spain will be eagerly watching what happens in Greece before deciding the fate of their own country.
There are differences though between the two countries. In Greece the socialist government lost control of the financial situation and sought a bailout which only came with conditions of very strict austerity measures. In return the country has received 240bn euros. By contrast Spain did not ask for a bailout but did receive 41bn euros to rescue its banking system.
No matter, Pablo Iglesias’ party still intends to kick out the so called self-serving, established figures in both the PP and the Socialist parties. In January, the fledgling party won 8% of the votes in the European elections and currently are polling 28% of the votes. Voters in Spain will be eagerly watching what happens in Greece before deciding the fate of their own country.
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