I/II.
http://www.cnbc.com/2015/12/20/financial-times-spain-heads-for-political-instability-after-election-exit-poll-shows.html

Left-wing parties take the lead in Spanish elections
4 Hours Ago

Left-wing parties are close to winning an absolute majority of
parliamentary seats in Spain's general election Sunday, preliminary
results showed, likely scuppering Prime Minister Mariano Rajoy's
chances of winning a second term for the People's Party (PP).

Despite garnering the most votes, the center-right PP had its worst
result ever in a general election as Spaniards hurt by a grinding
recession and yet to feel an economic recovery turned away from the
party in droves.

Anti-austerity Podemos roared into third place, outpacing fellow
newcomer Ciudadanos whose market-friendly policies had been seen as a
natural fit for a PP coalition.

Podemos' unexpected surge tipped the balance to the left of the
political spectrum with five left-wing parties led by the opposition
Socialists and Podemos together garnering 175 seats, just one seat
below the 176 needed for a majority.

Such an alliance will however not be easy to agree on as some of these
groups differ on economic policy or on the degree of autonomy that
Catalonia should enjoy.

"The situation is highly complicated, I don't see an easy outcome,"
said Ignacio Jurado, politics professor at York University.

"The PP will be the first to try and form a coalition but the
left-wing bloc has more chances because they add up to more seats," he
also said.

The uncertainty casts a pall over an economic reform program that has
helped pull Spain - the fifth-largest economy in the European Union -
out of recession and dented a still sky-high unemployment rate.

"This result confirms Spain has entered an era of political
fragmentation," said Teneo Intelligence analyst Antonio Barroso. "The
key question is whether there will be a coalition of parties against
Rajoy."

A minority PP government would be technically possible but unlikely
due to the strong left-wing vote, as would be a grand coalition
between the PP and the Socialists, which both parties vehemently ruled
out during campaigning.

At the PP headquarters in central Madrid, a party spokesman said it
was clear the party had won the most votes but that the night was not
over. A few dozen supporters gathered, waiting for Rajoy's appearance,
some waving red and yellow Spanish flags.

"I don't understand, it's very unfair," said Marta de Alfonso Molero,
a 48-year-old chemist who has voted PP all her life, speaking of the
poor showing for the party. "They have dragged Spain up these last
four years."

Hundreds of mostly young supporters for Podemos gathered in central
Madrid in a party atmosphere, holding purple balloons, the color of
the barely two-year-old party.

"The two-party system is over and we are entering a new era in our
country," said party deputy Inigo Errejon.

II.
http://www.theguardian.com/world/live/2015/dec/20/spain-election-results-live-updates-podemos-ciudadanos

Spanish election: Conservatives win but fall short of majority – as it happened
Follow the latest updates as four parties vie for power amid an
economic crisis, high unemployment and cuts to public services

[Table]

Closing summary

Many thanks for your company. We’re wrapping up the liveblog with this
quick look back at a remarkable few hours

On an extraordinary day for Spanish politics, the ruling Partido
Popular (PP) took the most votes but fell well short of a majority,
raising the prospect of a coalition government
With 99% of the votes counted, the PP was on course to take 123 seats
in the 350-seat legislature. Led by Mariano Rajoy, the current prime
minister, they won almost 29% of the vote, leaving them with a third
fewer seats than they received in the 2011 election

The Socialists came second, with 90 seats and 22% of the vote

Two new parties could now hold the balance of power in a future
coalition government: the anti-austerity Podemos won 69 seats, the
centrist Ciudadanos 40

 Rajoy has said he will try to from a “stable government” as Spain
“needs security and confidence”

Pablo Iglesias, the leader of Podemos, has Pablo Iglesias has hailed
the birth of “a new Spain” and the death of decades of two-party
politics
Full report here
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Peace Is Doable

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