| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 2745.33 | 0.38 |
| DAX | 8465.94 | -0.07 |
| IBEX 30 | 8455.1 | -0.11 |
| CAC 40 | 4028.98 | -0.18 |
| FTSE 100 | 6788.85 | -0.22 |
| AEX | 370.68 | 0.06 |
| DJIA | 15387.58 | 0.34 |
| Nasdaq | 3502.12 | 0.16 |
| FTSE MIB | 17523.91 | 0.55 |
| TSX Composite | 12742.43 | 1.03 |
| ASX | 5142.1 | -0.27 |
| Hang seng | 23261.08 | -0.45 |
| Straits Times | 3459.87 | 0.46 |
| ISEQ 20 | 657.81 | -0.14 |
Text size
Politicians in the Spanish region of Catalonia started campaigning Friday for an election later this month, with the region's current leader Artur Mas again promising a referendum on whether it should break away from Spain.
Catalonia will hold a snap election on November 25 after Spanish Prime Minister Mariano Rajoy rejected Mas's proposals for greater taxing and spending powers for the rich but also heavily indebted northeastern region.
Mas in September had said the region should hold a referendum on "self-determination", even if Spain's central government does not allow it.
Mas has tried, so far without success, to persuade various European Union bodies to support his region's bid for independence. On Friday, he said he would be in favour of independence even if it meant Catalonia would not be part of the EU.
"If we are sure Catalonia would stay outside the EU, we need to think about whether we should do the referendum," Mas said.
"I would be in favour of doing it in any case."
Mas's nationalist conservative Convergence and Union coalition is seeking an absolute majority. Opinion polls put him close to or above the threshold 68 seats he needs.
Catalonia is Spain's most indebted region and the Spanish government has agreed to extend it 5.4 billion euros ($6.9 billion) in rescue funds.
Prime Minister Rajoy on Tuesday said the independence movement ran "against history" and "against good sense", and that it caused divisions in Catalonia.
Rajoy's People's Party has mobilised several ministers to support the candidacy of Alicia Sanchez-Camacho in the election and try to block Mas from gaining an absolute majority.
Sanchez-Camacho's slogan is: "Catalans yes, Spanish too".
Mas has previously voiced approval for a historic referendum due to be held in Scotland before the end of 2014, when Scots will vote on whether to leave the United Kingdom. The vote could lead to the breakup of the UK after 300 years.
An opinion poll published Sunday in Catalan newspaper El Periodico found that 50.9 percent of the region favours an independent Catalan state -- though support drops to 40.1 percent if independence would mean leaving the European Union.
Spain's crushing economic crisis has forced Catalonia, like most of the country's 17 regions, to adopt harsh austerity measures, including cuts to education and health spending.
The austerity regime has boosted separatist sentiment, and pro-independence demonstrators staged a mass march in Barcelona on September 11.
© 2012 AFP
I think all Catalans agree in having a referendum or whatever wanted to call it.The ones like me who are in favour of the independence we do understant the other ones who are alright as they are mostly because they have got money and are afraid that what can happen if we are forced to leave Europe.That's what many say.Anyway, I am not afraid and I am ready to be European or not. But what I do not want is to still be part of a Country that has push us over and over again.We should have done that many years ago.
I think all Catalans agree in having a referendum or whatever wanted to call it.The ones like me who are in favour of the independence we do understant the other ones who are alright as they are mostly because they have got money and are afraid that what can happen if we are forced to leave Europe.That's what many say.Anyway, I am not afraid and I am ready to be European or not. But what I do not want is to still be part of a Country that has push us over and over again.We should have done that many years ago.
HSBC Expat announces the opening of its sixth annual Expat Explorer Survey and encourages expats from across the globe to share their experiences of living and working abroad.
Meet the most eligible internationals in Spain at Expatica Date!
Join Expatica's online community to reach out for expats just like you!
Expatica's Getting Started section will provide practical information on how you can open a bank account, exchange your driving licence, improve your Spanish, and more.
Here's a guide to an extensive list of groups and clubs in Madrid for expats, from sports groups to social and family gatherings.
A brief introduction to our Tax section for Spain, from help with inheritance tax to accounting advice.
Here's a short introduction to our Banking section for those living in Spain, from what to ask the experts to opening a Spanish bank account.