No-confidence vote against Spain PM Sanchez by July 31?

This market will resolve to “Yes” if a motion of no-confidence against Prime Minister Pedro Sánchez or the sitting Government of Spain is voted upon in the Congress of Deputies of Spain by July 31, 2026 11:59 PM ET. Otherwise, this market will resolve to “No”. A “motion of no-confidence” refers to a formal motion of censure under Spain’s constitutional procedures, including a candidate to replace Sanchez as Prime Minister. Informal calls for Sánchez to resign, requests for a confidence vote, parliamentary criticism, or other non-binding political statements will not qualify. The primary resolution sources for this market will be official information from the government of Spain; however, a consensus of credible reporting may also be used.