The Popular Party of Mariano Rajoy won its biggest majority since the 1970s return to democracy in Spain. The current feeling of many people is whether or not Rajoy will be given enough time to remove the pile of economic problems that Zapatero left behind. There are rising concerns about the viability of the euro, as the main Spanish share index fell in line with other European stock markets. There is an enormous pressure on Rajoy from the financial markets, and it is said that he will "unfortunately have extremely little room to maneuver." The new government will face a recession, a labor market that is continuing to destroy jobs, missed budget deficits targets, a banking sector whose restructuring is clearly far from complete and regions whose financial difficulties are brutal - these are all problems that await Rajoy in a "very difficult European environment."
http://www.nytimes.com/2011/11/22/world/europe/falling-markets-welcome-new-spanish-leader.html?_r=1&ref=spain
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