Spain is set for fresh elections

Spain is set for fresh elections after King Felipe VI announced the failure of the latest round of coalition talks.

No party secured a majority in last year's poll, where political newcomers brought to an end Spain's long two-party system.

Mariano Rajoy, leader of the Popular Party (PP), has been caretaker prime minister ever since.

After further talks, King Felipe said no candidate to replace Mr Rajoy was possible, triggering a new vote.

"His Majesty... has established that there is no candidate with the necessary support," a statement from the royal palace said.

The new election is likely to take place on June 26,2016

Who's who in Spanish politics?

Popular Party (PP): Centre-right party of Acting Prime Minister Mariano Rajoy, in power since December 2011 but lost its majority in 2015

Spanish Socialist Workers' Party (PSOE): Centre-left party, led by Pedro Sanchez, in power alternately with PP since 1982

Podemos: Left-wing party founded in 2014 by university professor Pablo Iglesias

Ciudadanos (Citizens): Centrist party formed in Catalonia in 2006 opposing Catalan independence before going national in 2013, led by Albert Rivera