Cordoba, Spain (CNN) Could it be that Europe is facing yet another existential crisis, six years after financial meltdown threatened the eurozone's collapse ? Spain will have an odd coalition united only in ousting the unpopular conservative Prime Minister Mariano Rajoy . Back in 2012, Europe had its "PIGS" problem (Portugal, Ireland, Greece, Spain): toxic banks, overwhelming debt and chronic budget deficits. A rude awakeningNewly minted Italian Prime Minister Giuseppe Conte leads a government of two parties that have no patience with the establishment and could lock horns with Brussels. Incoming Spanish Prime Minister Pedro Sánchez's Socialist party has only 84 seats in the country's 350-seat Parliament.

Source: CNN June 02, 2018 13:52 UTC