Spain’s Rajoy says election in Catalonia is the only way out

Spanish PM Rajoy speaking in parliament 25 Oct

  • calling election would be a good move
  • one of govt priorities right now is to re-establish rule of law in Catalonia
  • application of Article 155 aims to avoid further economic consequences of Catalan independence
  • hopes Puigdemont will come to Spanish senate to speak

    The saga continues.

    Meanwhile EURUSD still trawling around 1.1755, EURGBP 0.8955 and EURJPY 133.90
    German IFO data coming out at the top of the hour. Article Source

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