Spain: Catalan issue could «provoke a recession» in Catalonia — Deputy PM

Spanish Deputy Prime Minister Soraya Saenz de Santamaria warned that the crisis in Catalonia could damage Catalonia's economy and even provoke a recession in the region, during a press statement after a ministerial meeting in Madrid on Friday. «If companies continue to leave Catalonia, it could even provoke a recession in Catalonia, which would undoubtedly affect the growth of the gross national... Еще income,» said De Santamaria. She went on to say that the events would affect the region's unemployment levels as well as put the economic recovery of Catalonia at risk. «If there is no solution to this [Catalan] issue soon, we will be obliged to decrease the expected economic growth rate for 2018,» she added.

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