**Pedro Sánchez’s minority coalition government in Spain faces acute parliamentary fragility and sustained political pressure as of September 2026.** Loss of support from Junts since late 2025 has eliminated its working majority, forcing governance via a reconducted 2023 budget for the third consecutive year and blocking new spending plans. Multiple corruption investigations and convictions involving close associates—including the 24-year sentence for former Transport Minister José Luis Ábalos—have prompted a June 2026 non-binding congressional resolution urging resignation. The late-July Ceuta migrant surge, followed by contradictory intelligence disclosures and ongoing management challenges into September, has intensified criticism from opposition parties, some allies, and the public while straining EU relations. Sánchez highlights Spain’s strong economic growth and employment gains to defend continuity until the 2027 general election deadline, yet internal PSOE dissent, rising Vox support in polls, and potential budget or confidence votes keep removal scenarios in play for traders.