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Madrid Keeps Pressure on as Catalans Blink on Independence

  • Puigdemont gives statement in regional parliament in Barcelona
  • Spanish government blasts Catalan leader’s ‘irresponsibility’
Bloomberg business news

Puigdemont Seeks Talks With Madrid

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Spain maintained its hard line against Catalonia’s secession campaign after the regional leader in Barcelona stopped short of the declaration of independence his allies wanted.

Following Catalan President Carles Puigdemont’s announcement Tuesday that he’d seek talks with the government in Madrid over the future of his region, avoiding an irreversible step, the deputy prime minister in Madrid accused him of irresponsible and illegal leadership. Spanish stocks and bonds rallied as immediate confrontation was averted.