Madrid: Spaniards look poised to elect a new government with a clear mandate for change, at a time when political turmoil in Greece and Italy has brought a sharp escalation of Europe’s debt crisis.

Election frontrunner: Popular Party leader Mariano Rajoy greeting supporters at the Plaza Valencia bullring in Valencia on Sunday (Getty Images)

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A growing chorus of economists and euro zone politicians are saying the only way to the stem the crisis is for the European Central Bank (ECB) to aggressively ramp up its purchases of government debt.

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The Wall Street Journal