The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: Elroy Jetson	12/22/2017 2:37:06 PM
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The separatist party in Catalan has been resoundingly re-elected to office and seeks direct links with the EU, bypassing Spain on their proposed plan to secede from Spain. The new election called by Spanish Prime Minister Mariano Rajoy has backfired on him. With Catalonia accounting for a fifth of its economy, Spain had already trimmed growth forecasts for 2018, and the prospect of prolonged uncertainty worries business leaders. While Rajoy dodged questions about whether he would negotiate directly with Puigdemont, the Catalan politician said now was the time for dialogue between the two. “We’ve at least won the right to be heard,” Puigdemont said, adding that he was open to returning to Spain if given guarantees that he could take his position as head of a potential new Catalan government. Currently he faces the prospect of arrest for his role in organizing the banned referendum.

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