Catalonia: Despite prohibition days, Parliament wants to

A meeting of the regional parliament in Catalonia has been banned in court. The politicians do not care much: they still want to advise on independence.

Catalonia: Despite prohibition days, Parliament wants to

The Catalan regional parliament wants to meet on Monday and talk about a detachment from Spain. "Parliament will discuss, Parliament will meet. There will be a debate, and that is important, "said foreign policy representative of Catalan regional government, Raul Romeva, BBC.

On Thursday, Spanish Supreme Court banned regional parliament's meeting because a declaration of independence of Catalonia would violate constitution of country. The judges had already declared Catalan referendum on independence last Sunday illegal. In referendum, a clear majority had voted in favour of DieAbspaltung of economically strong region of Spain, but only 42% of voters had participated.

The government in Madrid had tried for weeks to prevent referendum and rejected a dialogue with leadership of regional government. In order to prevent secession of Catalonia, Spanish government, using article 155 of Constitution, could have deprived regional government of Catalonia and withdraw its partial autonomy. Catalonia regional president Carles Puigdemont said Bild newspaper he also holds his arrest by Spanish authorities for possible.

Time online banks pull away

Because of escalating situation, worries in economy are growing: Banco Sabadell House of Finance reacted with announcement to relocate its corporate headquarters to Alicante in souast of Spain. The CaixaBank – Number one in Catalonia and number three in Spain – could make a similar decision on this Friday.

According to Standard Poor's rating agency, Fitch also warned that region's creditworthiness in norastern Spain was furr demote. The reason for this was "unforeseen events" in Catalonia, possibly even disturbances in financial access for region. The creditworthiness of Catalonia has fallen to speculative category BB at Fitch.

Date Of Update: 06 October 2017, 12:06
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