The Trader 

Market Outlook: Catalan separatists win

The Trader

Yesterday’s elections, called by the government in Madrid, saw the 3 separatist parties taking 70 of the 135 seats in the regional assembly.  In theory, this should allow them to form a government but Ciudadanos, the anti-independence group picked up 37 seats, the most of any party, while the Partido Popular lost 8 of its 11 seats.  With Junts per Catalunya (34 seats) leader Puigdemont in exile in Brussels and Esquerra’s (32 seats) sacked vice-president jailed in Madrid, forming a government will not be easy ;turnout was an astounding 82 per cent.

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