Mariano Rajoy

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Ousted Spanish prime minister Mariano Rajoy gestures during a parliamentary session in Madrid, Spain.

European shares enjoyed a reprieve on Friday, waving aside lingering political questions, after Italy’s populist parties scraped together a new govern(...)

Spain’s new leader  Pedro Sánchez (left) shakes hands with deposed prime minister Mariano Rajoy  after Mr Sánchez won no-confidence motion in the Spanish parliament in Madrid on Friday. Photograph:  Pierre-Philippe Marcou/Getty Images

The seven-year tenure of Spain’s prime minister Mariano Rajoy came to an abrupt end on Friday as he lost a parliamentary confidence vote led by Social(...)

Spain’s prime minister Mariano Rajoy during a motion of no confidence debate at parliament in Madrid on Thursday. Photograph: Juan Carlos Hidalgo/Reuters

The political career of Spain’s prime minister Mariano Rajoy appeared to be over on Thursday as support for a no-confidence motion against him gathere(...)

Spanish prime minister Mariano Rajoy gives a speech two days before a no-confidence motion against his government. Photograph: Pierre-Philippe Marcou/AFP/Getty Images

When Mariano Rajoy addresses parliament on Thursday to defend himself against a no-confidence motion, it won’t be the first time in his nearly seven-y(...)

Carlo Cottarelli  after a meeting with Italian president Sergio Mattarella that gave him a mandate to form a government. Photograph: Alberto Pizzoli/AFP/Getty

What is causing the current bout of market turbulence? It was triggered by political instability in Italy, but also reflects a deeper concern about t(...)

A selloff of subordinated bank debt across the euro zone  comes as the mounting Italian political chaos   triggers  concern that it will destabilise Europe

The market interest rates, or yields, demanded by buyers of Irish banks’ riskiest bonds have risen to their highest level since last summer as markets(...)

Photograph: iStock

Asian shares fell on Tuesday and the euro struggled near six-month lows as early elections loomed in Italy, although a revival in diplomatic talks wit(...)

Spanish prime minister Mariano Rajoy during a news conference at the Moncloa Palace in Madrid on Friday. Photograph: Reuters

The inertia and procrastination that characterises the political style of Spain’s long-serving prime minister, Mariano Rajoy, has often evoked referen(...)

 Spanish Socialist Party announced on May 25th   the presentation of a motion of no confidence against the Spanish prime minister Mariano Rajoy. Photograph: EPA/Chema Moya

The Spanish Socialist Party is struggling to gather support for a no-confidence motion it has brought against prime minister Mariano Rajoy and which i(...)

Spanish prime minister Mariano Rajoy: Although he now cuts an isolated and weak figure, the fragmented nature of Spanish politics could yet save him. Photograph: Reuters

Spain’s prime minister Mariano Rajoy is expected to face a parliamentary no-confidence vote in the coming weeks after a court found his Popular Party(...)

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