EZB8RISK / Market Briefing

Spain's political tension is escalating, with the Congress rejecting both of the government's housing decrees and Prime Minister Sanchez weighing an early election as protesters an

Spain's political tension is escalating, with the Congress rejecting both of the government's housing decrees and Prime Minister Sanchez weighing an early election as protesters and unions push for a general strike. The housing affordability fight has moved from policy debate to open political crisis, leaving the legislative path unclear. On the labor front, jobless numbers rose more than expected, adding a softer economic note to an already strained backdrop.

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