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Spain The new government have little room to maneuver economically as they have agreed to carry over the existing PP budget for the next year as well as to respect the European Union’s fiscal rules. It is also highly unlikely they can repeal the PP’s labor reforms as this would require the support of right-wing regional nationalists. And so in terms of improving the material conditions of the working class, it will be complicated to pass any substantive measures. In reality Sánchez is a social liberal, a descendant of Tony Blair and Gerhard Schoeder’s  Third Way . He did win back the PSOE leadership [after a palace coup against him eighteen months ago] by appealing to the desire of his party’s members for a more left-wing line, but he never really believed in it himself. He should not be underestimated politically. He is extremely ambitious and determined but is more like a Macron or Albert Rivera — an empty vessel onto which you can project various ideological elements. At
Spain "If the Socialists allow the PP to govern it is likely that big business will be relieved. But they will have set their party on a course towards decomposition. Their social base would never understand it.” According to Mr Garzón, a government led by Unidos Podemos would not push for radical or instant change to Spain’s social and economic model. “We know that capitalism won’t end overnight,” he says. Instead, the group would aim to create 300,000 jobs through a public works programme, financed by raising taxes on capital income and closing tax breaks and deductions for businesses. “Pretty classical social democratic measures,” argues Mr Garzón. Garzon's version of Marxism aside, clearly this is part of a social democratic programme, admits Garzón, opposing austerity and saving the EU's capitalism. A programme which include working with the same people who have implemented neo-liberalism, PSOE. Full article on FT.com Background analyses The Spa