Spanish Military Threatens Treason As Catalonia Seeks Secession Referendum

Spanish Military Threatens Treason As Catalonia Seeks Secession Referendum (ZeroHedge, Sep 24, 2012)

“Do not play with the feelings of the Catalans” is the totally unveiled threat after Catalonia’s beggars-can-be-choosers demand for an unconditional bailout fell on deaf ears. The traditionally separatist-minded province has decided, according to ANSAmed, has decided to pull a Greece – and escalate with a move to secession. A resolution, on the right of the Catalan people to cut off ties with the Spanish state, will be voted on Thursday by the regional parliament.

This statement of “the will of Catalan people to vote on the bond with the State of Spain” opens the way for forthcoming elections on November 25 to become a referendum on the sovereignty of Catalonia.

The Spanish military are not taking this lying down with the counter-threat that these ‘separatists’ and their ‘inappropriate and unacceptable’ threat to break-up Spain shall be, according to El Economista, charged with high treason. We are sure Draghi has a ‘grand plan’ for this.

Read moreSpanish Military Threatens Treason As Catalonia Seeks Secession Referendum

Spain: Catalonia Region Demands €5 Billion Bailout, Will Not Tolerate Conditions

Spain’s Catalonia Region Demands €5 Billion Bailout, Will Not Tolerate Conditions(ZeroHedge, Aug 28, 2012):

Beggars can once again be choosers. In other news, non-news (the Catalan bailout was announced at least two times before) is news again, and magically drives the amnesiac market all over again.From Cinco Dias, courtesy of the always amusing google translate, which makes any news, no matter how tragic, quite hilarious without fail:

Catalonia 5,023,000 calls but will not accept the State Policies

The Catalan government today applied to join the Spanish Government Autonomous Liquidity Fund, which will borrow EUR 5.023 million, but has warned he will not accept “political conditions” to provide some resources “that are of the Catalans”.

Read moreSpain: Catalonia Region Demands €5 Billion Bailout, Will Not Tolerate Conditions

And So It Begins: Spanish Region Of Catalonia Demands A Bailout

And Spain is too big to bail out (!), according to Nouriel Roubini.


It Begins: Spanish Region Of Catalonia Demands A Bailout (ZeroHedge, May 25, 2012):

Yesterday we mocked the fact that the Bankia’s bailout costs are doubling with each passing day. Today, things just got “Messi-er”:

  • SPAIN’S CATALONIA REGION NEEDS GOVERNMENT HELP, RUNNING OUT OF DEBT FINANCING OPTIONS-CATALAN PRESIDENT – RTRS

So… if broke Bankia can rehypothecate Ronaldo, can Barcelona demand delivery of Messi and pledge him as ECB collateral too? Or was he nationalized by the government in retaliation for that whole “Argentina” thing?

From Reuters:

Spain’s wealthiest autonomous region, Catalonia, needs financing help from the central government because it is running out of options for refinancing debt this year, Catalan President Artur Mas said on Friday.

“We don’t care how they do it, but we need to make payments at the end of the month. Your economy can’t recover if you can’t pay your bills,” Mas told a group of reporters from foreign media.

The debt burden of Spain’s 17 highly devolved regions, and rising bad loans at the country’s banks, are both at the heart of the euro zone debt crisis because investors are concerned they could strain finances so much that Spain, the currency bloc’s fourth biggest economy, will need an international bailout.

Read moreAnd So It Begins: Spanish Region Of Catalonia Demands A Bailout