By Sarah White and Inmaculada Sanz MADRID (Reuters) - Spain's opposition Socialists, besieged by upstart leftist movements and struggling to win back voters, on Sunday chose economist Pedro Sanchez to lead the party and try and revive its chances in a looming election. Pedro Sanchez, 42, a telegenic parliamentarian who only burst into the limelight in recent weeks, was elected by party members as the Socialists bid to overturn a dramatic decline. Support for Spain's two dominant political forces, including the center-right People's Party (PP) now in power, has plummeted after a six-year economic downturn and corruption scandals. New anti-austerity and anti-establishment parties tapping into that disenchantment have further fragmented the left, and the Socialists suffered their worst-ever election showing in a European Parliament vote in May, pushing former leader and party veteran Alfredo Perez Rubalcaba, 62, to quit.
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