**Spain's minority government under Prime Minister Pedro Sánchez has faced sustained pressure from corruption investigations, a prolonged Ceuta migration crisis, housing protests, and parliamentary setbacks, yet Sánchez has consistently signaled intent to complete the full term with general elections in 2027.** The legislature, elected in July 2023, runs until mid-2027, and the prime minister holds authority to dissolve parliament for a snap vote only under specific conditions without an active no-confidence motion. As of late September 2026, no dissolution has occurred despite opposition calls and partner demands tied to budgets; the government continues operating on prorogued 2023 accounts while negotiating decrees. Polling shows the ruling bloc trailing the PP-Vox opposition, but the absence of an imminent trigger or successful censure keeps the probability of a 2026 snap election low in trader assessments.