Greater autonomy for Catalonia would probably have a detrimental impact on Spain’s public finances. But it would reduce calls for secession, and therefore limit the risk of a renewed and potentially damaging push for independence. So in the long run, it might well be the best possible outcome.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services