Will Elections Resolve Catalan Crisis?

The rebel region of Spain that declared itself independent is holding parliamentary elections later this week that will be a major test for pro-independence politicians and parties.Catalonia’s citizens go to the polls Thursday in what is widely seen as the latest test of sentiment in the region but polls show the contest between pro-secessionist and unionist (also known as constitutionalist, pro-Spain) parties is too close to call, leading to a possible hung parliament where no one party has a majority.”It’s crucial to look at who will have a majority and it looks like no one will have a proper majority,” Borja Lasheras, policy fellow at the European Council on Foreign Relations and the director of the Madrid Office, told CNBC Tuesday.

Source: Catalonia election: Sp ain’s political crisis could be about to return – 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.