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World Service,2 mins

Tax-raising power may appease Catalans, says economist

World Business Report

Available for over a year

The power for Catalonia to manage its own finances, including taxes, may be enough to appease voters demanding full independence, according to Stephen Brown, European economist at research firm Capital Economics. Catalan President Carles Puigdemont has told the ÃÛÑ¿´«Ã½ he would declare independence soon. Similar powers extended to the Basque region of Spain saw independence demands ebb away in recent years, Mr Brown told ÃÛÑ¿´«Ã½'s Susannah Streeter. (Picture: Youths wrapped in a Catalan, a Spanish and an Estelada (Catalan separatist) flag walk through a street during a protest two days after the banned independence referendum in Barcelona, Spain. Credit: Reuters.)

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