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Socialist Party leader Pedro Sánchez. Photo: Charlie Perez/NurPhoto via Getty Images
Spain's Socialist Party is poised to win the country's second parliamentary election in less than a year, but likely won't win enough seats to govern with a majority, according to preliminary results reported by AP.
The big picture: Socialist leader and acting Prime Minister Pedro Sánchez called the snap election — Spain's fourth in as many years — after his party won in the April elections but failed to reach a coalition agreement with other parties. Sunday's vote, which also saw the far-right populist party Vox surge to third place, could result in more political paralysis for a country that has struggled with stable governance in the years since the financial crisis.