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Significance
However, Catalan separatist forces have been losing momentum over the past year, owing to fragmentation; the new initiative reflects wider divisions within separatist circles and is unlikely to reunify them.
Impacts
A more complex party system in Catalonia would make it harder for Sanchez to secure the Catalan votes he needs in the Spanish parliament.
The prospect of greater political instability in Catalonia will concern big business.
Deeper divisions in the independence movement may help re-elect Barcelona Mayor Ada Colau in next May's municipal elections.
Diminished Catalan independence prospects may damage the electoral performance of the unionist Citizens party.
Keywords:
Spain,
EUR,
EU,
economy,
international relations,
social,
government,
party,
referendum,
regional,
talks,
finance,
fiscal,
legislation,
opposition
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2018
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