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Catalonia Has 24 Hours to Decide

Inigo Mendez de Vigo, the Spanish government’s chief spokesman, said officials in Madrid will decide whether to oust the Catalan president on the basis of his actions over the next 24 hours.Spain has given Catalonia’s Carles Puigdemont until 10 a.m. on Thursday to renounce his claims to independence or see the central government step in to take control of the rebel region. Asked in a Bloomberg Television interview Wednesday if Puigdemont and his police chief, Josep Lluis Trapero, would keep their jobs in that scenario, Mendez de Vigo said: “It depends on the answer of Mr. Puigdemont.”“The important thing is to restore the rule of law for all Catalans and not only those Catalans who want to be independent,” Mendez de Vigo added.

Source: Spain Says Catalonia’s Leader May Be Ousted If Madrid Intervenes – Bloomberg [1]

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Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

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