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Madrid Considers Regional Elections in Catalonia in January

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The Spanish government has agreed with the opposition Socialists (PSOE) to hold regional elections in January in Catalonia as part of the extraordinary package of measures to temporarily impose direct rule on the region, Socialist politician Carmen Calvo said in an interview on national television on Friday.Prime Minister Mariano Rajoy will hold a special cabinet meeting on Saturday to put in motion the process to suspend Catalonia’s autonomy after regional leader Carles Puigdemont refused to drop his secession campaign.Meanwhile, Spain’s upper house Senate could vote on measures to impose direct rule on Catalonia, revoking the wealthy region’s autonomy in response to a secession bid, as soon as the end of next week, a spokeswoman said on Friday.

Source: Spanish government aims for January regional elections in Catalonia – CNBC

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
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