The Fort Worth Press - Spain's Pedro Sanchez, risk-taker with a flair for political gambles

USD -
AED 3.673042
AFN 65.000368
ALL 81.503989
AMD 360.340403
ANG 1.789785
AOA 918.000367
ARS 1544.046724
AUD 1.454757
AWG 1.8
AZN 1.70397
BAM 1.75029
BBD 2.013844
BDT 124.537437
BGN 1.747831
BHD 0.37735
BIF 3010
BMD 1
BND 1.281347
BOB 11.99429
BRL 5.504904
BSD 0.999897
BTN 93.858629
BWP 13.774679
BYN 2.994523
BYR 19600
BZD 2.011053
CAD 1.41135
CDF 2320.000362
CHF 0.820469
CLF 0.02484
CLP 977.630396
CNY 6.676504
CNH 6.67282
COP 3251.53
CRC 453.465426
CUC 1
CUP 23.998962
CVE 99.403894
CZK 21.83445
DJF 177.720393
DKK 6.708504
DOP 60.750393
DZD 136.38704
EGP 53.769786
ERN 15
ETB 161.203874
EUR 0.896804
FJD 2.25525
FKP 0.741654
GBP 0.748671
GEL 2.59504
GGP 0.741654
GHS 11.68504
GIP 0.741654
GMD 74.503851
GNF 8857.503848
GTQ 7.64085
GYD 209.627114
HKD 7.84215
HNL 27.07504
HRK 6.76901
HTG 131.052321
HUF 326.000354
IDR 18108.5
ILS 3.18593
IMP 0.741654
INR 94.04725
IQD 1514
IRR 1891353.000352
ISK 122.790386
JEP 0.741654
JMD 158.687685
JOD 0.70904
JPY 158.50504
KES 129.950385
KGS 87.447804
KHR 4080.00035
KMF 442.00035
KPW 899.999961
KRW 1363.803789
KWD 0.31098
KYD 0.833408
KZT 448.201333
LAK 22505.000349
LBP 89550.000349
LKR 332.502562
LRD 170.303772
LSL 16.560381
LTL 2.95274
LVL 0.60489
LYD 6.430381
MAD 9.757504
MDL 17.8737
MGA 4595.000347
MKD 55.203803
MMK 2099.952938
MNT 3601.972253
MOP 8.072028
MRU 40.250379
MUR 47.030378
MVR 15.403739
MWK 1737.000345
MXN 18.62534
MYR 4.061504
MZN 63.903729
NAD 16.560377
NGN 1347.210377
NIO 36.610377
NOK 9.459904
NPR 150.173627
NZD 1.803102
OMR 0.384144
PAB 0.999964
PEN 3.442504
PGK 4.492039
PHP 63.108038
PKR 276.625038
PLN 3.94555
PYG 6249.384815
QAR 3.643038
RON 4.792204
RSD 105.586038
RUB 81.925564
RWF 1475
SAR 3.754695
SBD 8.048583
SCR 14.018084
SDG 601.503676
SEK 9.894504
SGD 1.282604
SHP 0.748923
SLE 22.950371
SLL 20969.504398
SOS 571.503662
SRD 37.583504
STD 20697.981008
STN 22.275
SVC 8.748764
SYP 13001.999685
SZL 16.560369
THB 33.550369
TJS 9.224126
TMT 3.5
TND 2.985504
TOP 2.40776
TRY 50.141304
TTD 6.780829
TWD 32.775304
TZS 2642.503628
UAH 45.297
UGX 4089.81484
UYU 40.226773
UZS 12000.000334
VES 896.316404
VND 25582.5
VUV 119.513361
WST 2.778515
XAF 588.264929
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.801976
XDR 0.707052
XOF 588.264929
XPF 107.450363
YER 236.625037
ZAR 16.51847
ZMK 9001.203584
ZMW 20.318702
ZWL 321.999592
SSP 5745.196153
MXV 2.095424
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Spain's Pedro Sanchez, risk-taker with a flair for political gambles
Spain's Pedro Sanchez, risk-taker with a flair for political gambles / Photo: © AFP/File

Spain's Pedro Sanchez, risk-taker with a flair for political gambles

Spain's Pedro Sanchez, who announced snap elections Monday after his ruling Socialists were routed in local polls, is a consummate risk-taker who's shown a flair for daring gambles during his rollercoaster political career.

Text size:

Weakened by five turbulent years in power that covered the Covid pandemic and the economic crisis linked to the Ukraine war, Spain's 51-year-old prime minister caught everyone off guard by announcing an early general election in late July.

The vote had been widely expected at the year's end, but after his Socialists and their allies suffered a major blow in Sunday's local polls, Sanchez took a risky gamble -- in what observers said has been a hallmark of his career.

"The alternative was six months of governmental bloodletting," said Oriol Bartomeus, a political scientist at Barcelona's Autonomous University.

"He's decided to gamble it all. It's typical Pedro Sanchez, it's just what he does," he told AFP.

It was, agrees Paloma Roman, a political scientist at Madrid's Complutense University, a "strategic calculation" to hang on for the next two months and improve what he already has.

"For the Socialists, it's the lesser of two evils... If they'd held out (until the year's end) it would have been so much worse," she said.

A Madrid-born economist and former basketball player, Sanchez went from being an unknown MP who emerged from obscurity in 2014 to seizing the reins of Spain's oldest political party.

And he has enjoyed a rollercoaster political career.

- Written off, bounces back -

A leap-year baby who was born in Madrid on February 29, 1972, Sanchez grew up in a well-off family, the son of an entrepreneur father and a mother who worked as a civil servant.

He studied economics before getting a Master's degree in political economy at the Free University of Brussels and a doctorate from a private Spanish university.

Elected to the party leadership in 2014, Sanchez was written off politically after leading the Socialists to their worst-ever electoral defeats in 2015 and 2016.

Ejected from the leadership, Sanchez unexpectedly won his job back in a primary in May 2017 after a cross-country campaign in his 2005 Peugeot to rally support.

Within barely a year, he took over as premier in June 2018 after an ambitious gamble that saw him topple conservative Popular Party leader Mariano Rajoy in a no-confidence vote.

"He is a politician who often makes these kinds of decisions," said Bartomeus.

"So far it's mostly worked for him... although things are more complicated now," he said, noting Sanchez had been weakened by his time in office.

- Stubborn and tenacious -

Always immaculately suited and booted, this telegenic politician -- who likes to go running and looms over his rivals at 1.9 metres (6 foot 2 inches) tall -- has made a name for himself as stubborn and tenacious.

Over the past five years, he has had to play a delicate balancing act to stay in power.

In February 2019, the fragile alliance of left-wing factions and pro-independence Basque and Catalan parties that had catapulted him to the premiership cracked, prompting him to call early elections.

Although his Socialists won, they fell short of an absolute majority, and Sanchez was unable to secure support to stay in power so he called a repeat election later that year.

Forced into a marriage of convenience with the hard-left Podemos, despite much gnashing of teeth inside his own party, Sanchez has managed to stay in power despite his coalition holding only a minority in parliament.

He has managed to push through a wide range of reforms clearly rooted in the left and overseen a government with the highest-ever number of women.

The first Spanish premier to speak English fluently since the country returned to democracy in the 1970s, Sanchez is married with two teenage daughters.

In February 2019, he detailed his triumphs in an autobiography called "Resistance Manual", the first to be published in Spain by a sitting premier.

T.Gilbert--TFWP