Sanchez calls snap general election after support for PP and Vox surges across Spain

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Spain's Election Yields No Clear Winner, Coalition Negotiations Loom

With 100% of votes counted by 1:30 a.m. on Monday (2330 GMT), the opposition center-right People's Party (PP) had 136 seats in parliament while Sanchez ruling Socialists (PSOE) had 122 seats.

Both were short of the 176 seats needed to govern. But the Socialists performed better than forecast while the PP failed to clinch a predicted clear majority, injecting drama into the vote counting.

The result meant that Sanchez went from likely outgoing premier to a potential contender to form another government.

The lack of a clear result cast a shadow on Spain's current presidency of the European Union council and risked unsettling markets.

Speaking to jubilant supporters outside the PSOE's central Madrid headquarters late on Sunday, Sanchez said Spaniards had rejected the "backward-looking bloc, which proposed a total repeal of all the progress we have made over the last four years."

In a more muted address at the PP headquarters across town, Feijoo insisted his party had won the election and would seek to avoid uncertainty by speaking to all willing parties to form a government. Vox leader Santiago Abascal said Sanchez could block any attempt by the right to form a government.

A little background on this election and how it could affect Gibraltar:

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