Spain's acting Prime Minister Mariano Rajoy warned on Tuesday that the country may have to hold a third round of elections, after his Socialist rival refused to back his efforts to form a coalition government. Spain's been without a fully functioning government for more than seven months, after the national Dec. 20th election left Rajoy's Popular Party short of an absolute majority in parliament while upstart parties Ciudadanos and Podemos shook up Spain's two-party system.
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