Today, Catalan President Carles Puigdemont and his parliament declared independence from Spain, nearly a month after the historic referendum, and in response, Spanish Prime Minister Mariano Rajoy and the parliament in his central government voted to enact Article 155 by a vote ...read more
Catalan President Carles Puigdemont missed a crucial deadline this morning to formally declare independence from Spain. and the future of his government remains in jeopardy as Spanish Prime Minister Mariano Rajoy plans to meet on Saturday to possibly invoke Article 155 of the ...read more
From Bloomberg: European leaders are testing the latest version of their debt crisis strategy in Spain, granting Prime Minister Mariano Rajoy more time to reduce the budget deficit in exchange for deeper spending cuts. Rajoy yesterday announced 65 billion euros ($80 billion) ...read more
Responding to increasingly urgent calls from across Europe and the United States, Spainon Saturday agreed to accept a bailout for its cash-starved banks as European finance ministers offered an aid package of up to $125 billion. European leaders hope the promise of such a ...read more
