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    Home > Headlines > Spain's PM rejects calls for snap election as scandals mount
    Headlines

    Spain's PM rejects calls for snap election as scandals mount

    Published by Global Banking and Finance Review

    Posted on June 12, 2025

    1 min read

    Last updated: January 23, 2026

    Spain's PM rejects calls for snap election as scandals mount - Headlines news and analysis from Global Banking & Finance Review
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    Tags:financial crisiscorporate governanceeconomic growthfinancial stabilityGovernment funding

    Quick Summary

    Spain's PM Pedro Sanchez denies snap election calls amid scandals. An ally's resignation prompts an audit, threatening the coalition government.

    Spain's Prime Minister Denies Snap Election Amid Scandal Crisis

    MADRID (Reuters) -Spanish Prime Minister Pedro Sanchez asked citizens for forgiveness after his close ally quit his posts earlier on Thursday over graft allegations, and said his Socialist Party would undergo an external audit, but rejected the opposition's calls for an early election.

    "We should not have trusted him (Santos Cerdan)," a sombre-looking Sanchez told a news briefing at his Socialist Party's headquarters, acknowledging that the accusations against him were very serious.

    With various scandals swirling around his minority government, the case poses one of the biggest threats yet to the survival of the country's fragile leftist coalition government. Sanchez said, however, most of the attacks on his government were not grounded in reality.

    (Reporting by Inti Landauro and David Latona, Andrei Khalip)

    Key Takeaways

    • •Spain's PM Pedro Sanchez denies calls for a snap election.
    • •Close ally Santos Cerdan resigns over graft allegations.
    • •Sanchez promises an external audit of his party.
    • •Scandals threaten Spain's leftist coalition government.
    • •Sanchez claims many attacks are unfounded.

    Frequently Asked Questions about Spain's PM rejects calls for snap election as scandals mount

    1What did Prime Minister Pedro Sanchez ask from citizens?

    Pedro Sanchez asked citizens for forgiveness after his close ally quit his posts over graft allegations.

    2What is the current status of Spain's government?

    Spain's minority government is facing various scandals, posing a significant threat to the survival of the fragile leftist coalition.

    3Who is the ally that resigned amid the scandals?

    The ally who resigned is Santos Cerdan, and Sanchez acknowledged that the accusations against him were very serious.

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