Spain's Rajoy wins confidence vote to be prime minister
- Wall Street hits record high for third day in a row
- 21st Century Fox (FOXA) offers to acquire Sky for GBP10.75/share
- Coca Cola (KO) Announces James Quincey to Succeed Muhtar Kent as CEO; Kent to Continue as Chairman
- Exclusive: Japan's TDK in talks to buy iPhone supplier InvenSense - sources
- Broadcom Ltd. (AVGO) Tops Q4 EPS by 11c
Spain's acting Prime Minister Mariano Rajoy arrives during the investiture debate at Parliament in Madrid, Spain, October 27, 2016. REUTERS/Andrea Comas
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
MADRID (Reuters) - Spanish conservative leader Mariano Rajoy won a parliamentary vote to be prime minister on Saturday, ending 10 months of political gridlock that had left the country without a fully-functioning government.
Rajoy's center-right People's Party is set to form a minority government, after gaining support from the smaller Ciudadanos ("Citizens") party and the tacit backing of many Socialist lawmakers who abstained in the confidence vote.
Rajoy needed to win a simply majority in parliament to cement his return to power. He got 170 "yes" votes while 111 lawmakers voted against him and 68 legislators abstained.
(Reporting by Sarah White; Editing by Adrian Croft)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Samsung to disable Note 7 phones in the U.S. via software update
- Turkish court dismisses case brought by victims of Israeli raid: lawyer
- Biden does not see Trump undoing much of environmental record
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!