Spain’s Sánchez calls snap election for Nov 29 amid housing protests

Key Summary

Spain's Prime Minister Pedro Sánchez has announced a snap election on November 29 amidst intensified housing protests and the rejection of his housing decrees. Sánchez aims to capitalize on recent surge in public support as his minority Socialist government holds 147 out of 350 seats. Recent polls indicate a challenging path ahead, with the opposition poised for a potential majority. Market pricing suggests nearly 100% support for the snap election by October 31, with odds reflecting increased uncertainty regarding Sánchez's leadership post-election.