Catalan Crisis Cost Spain's State Budget EUR 1 bln

Business » FINANCE | January 3, 2018, Wednesday // 14:12| Views: | Comments: 0
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Bulgaria: Catalan Crisis Cost Spain's State Budget EUR 1 bln Източник: pixabay

The crisis in Catalonia cost Spain's state budget at least 1 billion euros.

"The Catalan crisis and the referendum on independence cost a billion euros," said Spanish Economy Minister Luis de Guindos.

According to him, following a referendum on independence, which is not recognized as legitimate by the Madrid authorities, there has been a slowdown in economic development in Catalonia.

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Tags: Catalan, budget, crisis, independence, Spain
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