Los Angeles Times. Latest threat to the Eurozone> Catalonia independence quest 29sep2012
Just when it seemed stability was on the horizon for the tumultuous Eurozone, with Spain getting a grip on its debt financing and a plan to bail out insolvent banks, a fresh threat to the common currency has emerged with Catalonia’s reignited drive to secede from the Spanish kingdom.
More than a million residents of the country’s most prosperous region rallied for independence in a protest of historic proportions on Sept. 11, Catalonia’s National Day. Some estimates put the crowd as high as 2 million, or more than a quarter of the 7.5 million who live in the northeast region including Barcelona. This week, after Madrid rebuffed Catalonia leader Artur Mas’ demand for more control over his region’s tax revenues, the regional parliament set a Nov. 25 date for polling Catalans on “self-determination.”
Read the full article here.