MarketLine Blog

Posts tagged to spain

Spain in turmoil: Catalan parliament declares independence from Spain

MarketLine

The Spanish region of Catalonia, on October 1, held a referendum on independence, despite fierce opposition from the central government, which said the vote violated the Constitution. The vote was held even after being suspended by the Constitutional Court. The decision to go forward with a vote descended into chaos, with hundreds injured due to clashes with the police and now a mass conflict has appeared between the Spanish authorities and the Catalonians. Catalonia’s withdrawal from Spain would impact the Spanish economy negatively let alone the European Union, but without… Read more