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Catalan president declares 'deferred independence'

Published 10/10/2017, 02:49 PM
© Reuters.  Catalan president declares 'deferred independence'
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  • Catalan President Carles Puigdemont defuses at least a little bit of tension with Madrid, declaring independence, but then stopping the separation process to instead have talks with the Spanish government.
  • Puigdemont and his team remain in danger of arrest for sedition, and Spanish President Mariano Rajoy has previously rejected any talks until secession plans are abandoned.
  • A Rajoy spokesman following Puigdemont's speech: "He has made a deferred declaration of independence ... [Puigdemont] has taken his irresponsibility to the absolute extreme by ignoring the laws, citizens."
  • Down earlier in the session, the Spanish ETF (NYSEARCA:EWP) has jumped into the green, now up 1.5%.
  • Now read: The Nest Egg Portfolio: About Vodafone (LON:VOD) And The Tensions In Catalonia


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