The political gulf opening up between Spain’s growing separatist movement in the richest province Catalonia and the government of Mariano Rajoy, backed by King Juan Carlos and the Spanish military, has spooked the markets and provoked much debate in the press about whether Spain can survive in its present form. The country’s increasingly precarious financial position has also tilted the country further towards disaster.
In the FT:
The eurozone crisis now threatens the survival of a nation-state, writes David Gardener. The decision of Catalonia’s nationalist government to call a snap election in November – which in practice will amount to a referendum on independence – has opened the way to Catalan secession, and may give a lift to Basque separatists. “As a Spain trapped in the eurozone crisis tries to battle its way through a wrenching recession, it must now contemplate the real possibility that its plurinational state, which replaced the suffocatingly centralist Franco dictatorship with highly devolved regional government, may break up.”