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Tax-raising power may appease Catalans, says economist

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 Βι¶ΉΤΌΕΔ 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 Βι¶ΉΤΌΕΔ'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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