Spain’s political deadlock has shown no signs of letting up after Socialist leader Pedro Sanchez reaffirmed his party would not back a government led by acting Prime Minister Mariano Rajoy’s conservatives.<br /><br /> Although Rajoy’s People’s party won the most votes in the election on June 26, the country’s second in six months, they fell short of a majority, and if alliances cannot be formed soon, the possibility of a third election will grow ever more likely.<br /><br /> Rajoy said that he would attempt to form a government if the king asked him to do so, but he is faced with a mammoth task in order to do so.<br /><br /> He must convince other parties to join his own or at least abstain from blocking the formation of a government.<br /><br /> “What I say is that the People’s Party has had an increase in votes and seats and in the support of Spaniards. The People’s Party should lead this government. I think it’s democratic, sensible, reasonable and what has always happened,” Rajoy said in a news conference after meeting Sanchez for almost an hour and 20 minutes.<br />