The head of Spain’s Catalonia region Artur Mas on Tuesday said a referendum on independence from Spain will not go ahead as planned on Nov. 9 although another vote, a “consultation of citizens”, will take place that day.
Mas said this new vote would be within the law and its results would be known on Nov. 10.
The referendum was suspended last month by Spain’s constitutional court, but the regional government of Catalonia had so far not announced a decision to abandon the planned vote.
Catalonia, which accounts for around a fifth of Spain’s economy, has its own language and distinct culture and has long fought for greater autonomy.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.