Madrid regional president Esperanza Aguirre, an influential Spanish politician and a leader of the conservative wing of the ruling centre-right People's Party (PP), resigned on Monday in a surprise announcement.
The President of the Community of Madrid, Esperanza Aguirre, has warned about the “difficult” situation Spain is going through, and said “If we don’t want to become another Argentina, with a ‘corralito’ and inflation rates around 20-40%, we must cut the public spending and find the accounts’ balance.”