Why Madrid Will Never Let Catalonia Go

Zero Hedge: Why Madrid Will Never Let Go - Catalonia Is Closer To The Eurozone Than Spain

As we have detailed previously, the Spanish region of Catalonia in the North-Eastern corner of Spain will attempt to hold an independence referendum tomorrow, against the will of the central government in Madrid.

Apart from the Baleares and the Madrid region itself, Catalonia together with its capital Barcelona is one of the most economically-powerful parts of the country.

Notably, as Statista's infographic below shows that the gross domestic product (GDP) per capita of Catalonia lies closer to that of the Eurozone than of Spain as a whole.

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WNU Editor: The Spanish authorities have gone out of their war to make sure that Sunday's referendum will not proceed .... Catalan leader 'won't give up' as police seal off polling stations (AFP). What's next .... it looks like the referendum vote has been quashed, but these actions have only inflamed separatist sentiment in Catalonia. My prediction .... this crisis is far from finished.

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