Prime Minister Pedro Sánchez’s minority coalition government, reliant on fragile support from parties including Junts, faces mounting pressure from multiple corruption investigations targeting his family and close allies, alongside repeated regional election setbacks such as the May 2026 Andalusian vote that delivered heavy losses for the PSOE. Sánchez has explicitly rejected opposition calls for early polls and reaffirmed his intention to serve the full legislative term ending in August 2027, citing economic stability and foreign policy priorities while the absence of a new General State Budget since 2023 continues to test parliamentary arithmetic. Smaller parties have declined to back a no-confidence motion, leaving dissolution dependent on the prime minister’s prerogative rather than external forces, though ongoing scandals and polling trends favoring the PP keep the possibility of a 2026 snap contest under active discussion among traders assessing coalition durability.