- Pedro Sánchez out as PM of Spain by December 31, 2026?12¢12%
- Pedro Sánchez out as PM of Spain by January 15, 2027?43¢43%
- Pedro Sánchez out as PM of Spain by January 31, 2027?80¢80%
- 2%11.5%December 31, 2026$573.6k Vol.
- 1%42.5%January 15, 2027$48.4k Vol.
- 4%80%January 31, 2027$36.1k Vol.
This market will resolve to "Yes" if Spain's Prime Minister, Pedro Sánchez, is removed from power for any length of time between December 2, 2025 and the listed date, ET. Otherwise, this market will resolve to "No". Prime Minister Pedro Sánchez will be considered removed from power if he announces his resignation, is dismissed, detained, disqualified, or otherwise loses his position or is prevented from fulfilling his duties as Prime Minister of Spain within this market's timeframe. The primary resolution source for this market will be a consensus of credible reporting.
Spain's snap general election on November 29, called after parliament rejected housing reform decrees amid widespread protests over rising rents and evictions, represents the central driver of market positioning on Pedro Sánchez's tenure. His minority PSOE-led coalition has faced repeated legislative setbacks, ongoing corruption cases involving party figures and allies, and voter discontent over cost-of-living pressures, immigration, and recent transport incidents. Polls indicate the conservative People's Party leads, with a likely alliance alongside Vox positioned to secure a parliamentary majority and form the next government. Sánchez's re-election bid depends on consolidating left-wing support despite internal divisions, while any post-election coalition negotiations or failure to retain office would trigger his departure as prime minister.
Rules
This market will resolve to “Yes” if Pedro Sánchez ceases to be Prime Minister of Spain for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. Pedro Sánchez continuing as Prime Minister in an acting or caretaker capacity will not be considered a cessation of office. An announcement of Pedro Sánchez's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution. The resolution source for this market will be official information from Pedro Sánchez and the government of Spain; however, a consensus of credible reporting may also be used.