The center-right party headed by opposition
leader Mariano Rajoy is expected to win elections on Sunday. Spain is facing hard
times as markets are focusing on its prospective debt trouble. On Thursday
auction Spanish bonds hit 6.8 % while Spain's IBEX-35 index on yearly basis lost 16%. Analysts predict that Sunday's vote could provide short-term release
for investors, as the Popular Party promises to support businesses and reform labour
law.