This is CBS I On The World with John Bacheler.

Here's John Bacheler.

Elections in Europe.

Center left, center right.

Spain.

I welcome Joseph Sternberg.

Member of the editorial board of the Wall Street Journal, he writes politically economics.

He's based in London.

Recently, his venture to Madrid.

Madrid said to be a happening place in Bloomberg's reporting, great restaurants, great hotels,

money coming in from Latin America for investment.

The scene of a national election between the Socialist Party now in authority in the

Parliament and two parties representing the center right.

The popular party, led by a man named Fahoe, and the party that was not was expected to

participate in the success of the popular party, the Vox Party.

But the results turned out to be a tie.

Joe, a very good evening to you.

The tie was not apparent to anyone.

So there's morning after analysis.

Right now, the tie means that no one part of the divide, the Socialist versus the popular

party, have enough to command the majority in the Parliament.

Do you expect another election to solve this or is this going to carry on in a minority

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