Independence Declaration Will Not Lead To Catalan Secession
Country Risk / Spain / Mon 30 Oct, 2017
Following Catalonia's unilateral declaration of independence on October 27, Madrid will act to limit the region's autonomy. While Madrid has tentatively scheduled regional elections for December 21, attempts to prevent independence will heighten the risk of social unrest and civil disobedience. Ultimately, we continue to see secession as an