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Spanish Government Threatens to Seize Catalan Finances to Stop Referendum...

• https://mishtalk.com, by Mish

In its latest move to stop an October 1 independence referendum, the Spanish Government is Poised to Seize Catalan Finances.

"Finance Minister Cristóbal Montoro said a mechanism had been approved for the state to take control of the autonomous region's finances. Madrid is seeking to stop the Catalan government spending public money on its planned independence referendum.

If the deadline is not met, the central government will take over the funding of most essential public services in the region, Mr. Montoro said.

Catalan President Carles Puigdemont launched his campaign for a "Yes" vote on Thursday night in the town of Tarragona, telling a rally at a former bullring: "Vote, and in so doing bring light to darkness that has lasted for too many years." The crowd shouted back, "Independence", "We will vote" and "We're not afraid", AFP news agency reports.

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