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Everything You Need To Know About Spain And Catalonia
Thursday, October 19, 2017 - 12:15pm | 377The conflict between Spain and Catalonia secessionists reached a boiling point this week when Spain declared it will be invoking Article 55 of its constitution for the first time, allowing Madrid to take over direct rule of the autonomous region. Catalonia is the wealthly northeastern-most region...
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Catalan Separatists Win Majority In Regional Vote: What It Means
Monday, September 28, 2015 - 1:54pm | 369Over the weekend, Catalonia's parliamentary election concluded with secessionist parties "Junts pel Si" and CUP gaining 47.8 percent of the vote. Regional government head Artur Mas praised the outcome, saying that the region's voters had spoken and that they were demanding independence for...
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Greece Backs Out Of The Spotlight While Anti-Euro Sentiment Remains
Friday, February 27, 2015 - 10:27am | 350After a very public battle between Greece's new, leftist government and EU policymakers over Greece's bailout program, the two sides reached an 11th hour deal that will keep the nation's economy afloat with another installment of EU funding. The deal essentially extends Greece's...
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Benzinga Market Primer, Monday November 26
Monday, November 26, 2012 - 7:30am | 880Futures Drop on Greek Uncertainty, Catalan Vote U.S. equity futures fell in pre-market trading as uncertainty surrounding Greece's disbursement of its latest payment grips markets. Greece has already agreed on the necessary cuts with the Troika to receive the payment, however the current debate is...
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Euro Gains Momentum as Spain Announces Reforms
Friday, September 28, 2012 - 6:14am | 286The euro opened Friday at 1.2917, a reflection of the positive effect Spain's budget reform announcement had on investors Thursday afternoon. Bloomberg reported that the budget reform included cuts in the ministries' spending as well as a new tax on lottery winnings. This is coupled with 43 new...