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Spain Votes ‘No’ on Failed Economic Policies

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Spanish Prime Minister Mariano Rajoy at a press conference in Madrid on December 21, 2015.  His Popular Party lost its parliamentary majority in elections the previous day.  Cesar Manso/AFP/Getty Images

Spanish voters reject the two-party system that presided over austerity and mass unemployment

huffingtonpost.com - by Mark Weisbrot - December 23, 2015

In Spain's elections last Sunday, the two parties that have ruled the country for the past three decades took serious losses. This has important implications for the future of not only the country but also the rest of Europe. It is yet another example of how and why the eurozone remains in political upheaval, six years after the global recession. 

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