Socialist Pedro Sanchez sworn in as Spain's prime minister

Socialist Pedro Sanchez sworn in as Spain's prime minister

Socialist Pedro Sanchez sworn in as Spain's prime minister

The transition of power comes a day after former Prime Minister Mariano Rajoy was forced from the position by a no-confidence vote following scandals within his Popular Party.

Spain's parliament has passed a vote of no confidence on its Prime Minister, Mariano Rajoy, following a corruption allegation against his party.

The 46-year-old Sanchez is now the prime minister-in-waiting.

The motion paves the way for a takeover by opposition socialist PSOE party leader Pedro Sanchez, his archrival.

The report notes that Rajoy's ouster by parliament is a first for a serving leader in four decades of Spanish democracy.

The High Court in Madrid convicted Luis Bárcenas of receiving bribes, money laundering and tax crimes.

That all changed on May 25 when the Socialists filed a no-confidence motion against Rajoy.

The new leader has committed to a budget passed by Rajoy, and it will be hard to repeal reforms including new labor laws and healthcare and education budget cuts, Reuters said.

Sanchez said he meant to call elections before the end of this parliamentary term in 2020, but he didn't say when, and he probably will want to make his mark first with some headline policies before going to the polls.

Sanchez dialed that back in his speech to parliament on Thursday, saying there was an opportunity for a new understanding on Catalonia although he wanted the region to stay part of Spain.

"It has been an honour to leave behind a better Spain than the one that I found when I took over government".

Sanchez is an atheist and took the oath to protect the Constitution without a bible or crucifix - a first in Spain's modern history, the BBC reported. Both of the regional parties that form the Catalan government and have representation in the national parliament welcomed Sanchez's statements about seeking a political solution to the Catalan crisis, a months-long stalemate between the Spanish government and the disobedient, rebellious regional administration.

He also pledged to hold an election soon although did not set a date.

Sanchez seized the opportunity to tap a surge of outrage over a corruption scandal involving Rajoy's People Party to corral Catalan separatists and Basque Nationalists into an unwieldy eight-party coalition that carried his motion.

The incoming prime minister says his priorities will be social issues - including more measures to help young people and the elderly.

"Sanchez has reiterated a commitment with European orthodoxy and budget control in Spain", UBS analysts said.

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