Economy

Catalonia is all ready to announce independence from Spain

Catalonia is all ready to announce independence from Spain”

Ratings agency S&P late on Wednesday put Catalonia's ratings on "credit watch negative" on an escalation of the political conflict.

Catalonia's president, Carles Puigdemont has accused Spain's King Felipe of being a government mouthpiece and "deliberately ignoring millions of Catalans".

Spain's government on Wednesday rejected calls by the leader of Catalonia for mediation over the region's demands for independence which have sparked a violent political crisis.

"The government will not negotiate over anything illegal and will not accept blackmail", the statement said.

When it comes to the future of the effort to achieve statehood for Catalonia, "the October 1 referendum was a watershed moment", she said.

Catalonia could declare independence as soon as Monday, when a special parliamentary session is set to convene to discuss the plan for secession.

According to Catalan officials, more than 2.2 million people voted on Sunday and that almost 90 per cent of them backed independence.

For example, some of Mr Rajoy's clearest backing has come from French President Emmanuel Macron, whose country has faced low-level breakaway sentiment from Corsica and the Basque Country, which straddles both south-west France and north-west Spain.

Catalonia's parliament was planning to declare independence on Monday, after a banned referendum marred by violence last weekend. "What is happening in Catalonia and Spain is like an 18 year old son who wants to leave home, he feels he is not treated in a realistic fashion and so you speak to him or he leaves", Pique said.

The Spanish government must also decide its next steps.

Independence supporters are expected to march in silence later Thursday towards the military barracks used by Spanish police in protest at their presence.

"There have been 57 referenda on independence in recent decades in Europe, including in the Baltic states and the former Yugoslavia, and in many of those votes, which led to the birth of independent nations, the parent country opposed the referendum", she noted.

In a rare televised message aired on Tuesday night, King Felipe VI condemned pro-independence politicians in Catalonia for damaging national unity and called on the state to restore the "constitutional order and normal functioning of institutions".



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