Spanish Prime Minister Mariano Rajoy was accused of being unfit to govern by his socialist challenger Pedro Sanchez on Monday night in an unusually ferocious election debate held before this week's general election. Sanchez performance makes him a first line contender for highest office in Spain, even if Rajoy's party as forecasted wins the election
Spain’s government proposed a law to control more tightly the financial activities of political parties, after corruption scandals in recent years involving both left and right. The law will ban legal and corporate entities from making donations to parties, and banks will no longer be allowed to cancel their debts or negotiate with them interest rates that would be below market levels. Donations are currently allowed up to a limit of 100,000 Euros a year.