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Markets hold their breath; hope Catalonia will step back from brink

Spanish opponents of Catalonia's breakaway bid. Catalonia produces about 19 per cent of Spain's GDP and contributes to about a fifth of Spain's total tax revenues.


THE euro, Spanish and European stock markets hardly moved on Monday, in the hope that Catalonia will step back from the brink.

They drew hope from a massive Barcelona protest on Sunday with estimated crowds of more than 350,000 in favour of unity with Spain. Similar rallies...

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