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Recommended article: "Crisis fuels Catalan independence push" in the Financial Times

(...) the relatively rich Catalans are outraged that they have to contribute up to 9 per cent of annual economic output to the central pot in Madrid, but then go cap-in-hand for a bailout to meet their debt and payroll commitments.  

(...) Yet Spain, where prime minister Mariano Rajoy is agonising over whether to seek a full eurozone bailout, needs Catalan fiscal transfers to meets its pensions and welfare liabilities.  

(...) More than half of Catalonia’s citizens now believe its future is in peril if they remain tied to a Spanish state they feel can no longer accommodate their own sense of nationhood. . 

(...) Artur Mas, the Catalan president, has a decisive meeting with Mr Rajoy next week. He will demand fiscal autonomy, either as the bridge to enhanced home rule or a building block for full independence. 

(...) Mr Mas will more probably come away empty-handed, and call an early election that will become a referendum on Catalan independence. A constitutional crisis looms.

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