Spain threatens to break up the euro unless Catalonia comes to heel
28 September 2017 • 10:01pm
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The Catalan 'Diada' taps into deep historical loyalties, not least the raw legacy of the civil war
While the EU watches in disbelief, a remote threat has mushroomed suddenly into an existential crisis. It is even more intractable than Brexit, and certainly more dangerous.
The volcanic events
unfolding by the day in Catalonia threaten the EU project within its core. They pose a direct threat to the integrity of monetary union.
Former French premier Manuel Valls – son of a celebrated Catalan painter – warns that if
this weekend’s banned vote on independence goes ahead and leads to Catalan secession, it will be “the end of Europe” as a meaningful mission.
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