The central government has given Carles Puigdemont a Monday deadline to make his stance clear and to fall in line with Spain's constitutional laws before October 19 if he wants to avoid losing autonomous powers in the region. "I wouldn't like that". "It's already pretty hard with 28". The deputy prime minister also said that hotel reservations in Catalonia were now falling 20 percent to 30 percent.
Around 40 Catalan banks, multinationals and mid-size businesses have moved their registered addresses out of the troubled region.
But the deputy prime minister says that investment in Catalonia is falling and, citing industry sources, she said the tourism sector in the region has seen business drop between 20 and 30 percent in the past month.
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The rating was downgraded by Barclays Capital on Monday, October 17 to "Equal Weight". "Dropped Today" on October 03, 2017. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.
Catalonia's president faced mounting pressure on Friday from within the separatist movement to declare independence from Spain once and for all.
The Assemblea Nacional Catalana, or ANC, a civil society group that organised massive protests in support of secession, also issued a brief statement with a similar message.
Puigdemont made a symbolic declaration of independence on Tuesday night, only to suspend it seconds later and call for negotiations with Madrid.
Ascena Retail Group, Inc. (NASDAQ:ASNA) Sees Volatile Trading - Down $0.11
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Addressing the Catalan Parliament in Barcelona on Tuesday evening, Catalan leader Carles Puigdemont said: "We call on worldwide states and organisations to recognise the Catalan republic as an independent and sovereign state".
Spain's government has threatened to activate unprecedented measures to take over Catalonia's self-government if secession plans go forward.
The eurozone's fourth largest economy is undergoing its most serious political crisis in a generation after Catalonia's separatist leader said he had accepted a mandate from a banned secession referendum for the region to "become an independent state".
Susan Collins says she won't run for ME governor in 2018
The pull of legacy and a chance to take the reins of state government were not enough to convince Republican U.S. Collins said previously that she'd like to heal the state and "bring people back together".
Just a day after clashes broke out in Spain between Catalan independence supporters and pro-unity followers during the National Day celebrations, European Commission President Jean-Claude Juncker has today expressed concern about separatist tendencies in Europe and how he had asked Spanish Prime Minister Mariano Rajoy to stop the Catalans "running amok".