Catalan parliament declares independence from Spain

2017-10-27 16:21
Catalan president Carles Puigdemont (C) applauds after Catalonia's parliament voted to declare independence from Spain in Barcelona. (AFP)

Catalan president Carles Puigdemont (C) applauds after Catalonia's parliament voted to declare independence from Spain in Barcelona. (AFP)

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Barcelona - Catalonia's parliament voted on Friday to declare independence from Spain and proclaim a republic, just as Madrid is poised to impose direct rule on the semi-autonomous region to stop it in its tracks.

A motion declaring independence was approved with 70 votes in favour, 10 against and two abstentions, with Catalan opposition MPs walking out of the 135-seat chamber before the vote in protest at a declaration unlikely to be given official recognition by Madrid and abroad.

Spain's Prime Minister Mariano Rajoy responded immediately, urging "all Spaniards to remain calm".

"The rule of law will restore legality in Catalonia," he tweeted immediately after controversial vote.

Under the eyes of a nervous nation, Catalonia's regional parliament held a secret ballot, despite an opposition walkout, on a resolution the regions authorities have no legal power to execute

Shares in Catalan banks fell sharply on the Spanish stock market on.

CaixaBank, Spain's third largest lender, fell by around five percent while Sabadell, the country's fifth largest lender, fell roughly six percent.


Read more on:    spain

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