Politics

Divided and Conquered, Catalonia Weighs the Damage

It might look over, but the Spanish region’s independence bid has long-lasting repercussions.

Pro-independence supporters gather in on Friday, Oct. 27, 2017.

Photographer: Angel Garcia/Bloomberg
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The drama in Catalonia may have reached its epilogue, but the economic and political consequences are still to emerge for a region Spain could never afford to let go.

For now, the separatist leadership has been deposed, a would-be European republic snuffed out and a potential bank run avoided.