Spain Issues an Apology for Catalonia Clashes

The video discusses the political tensions in Catalonia, highlighting the anxiety it creates for businesses. The Spanish government issued an apology for the clashes over the weekend, emphasizing that the regional Catalan government acted illegally. Bloomberg's Maria reports on the situation, noting the pressure from the European Union. Businesses and banks are considering relocating due to the unrest, with some already moving out of Catalonia.

What was the main reason for the Spanish Government's apology?

• Support for Catalan independence

• Clashes over the weekend

• Political pressure from the EU

• Economic downturn

What did the central government urge the Catalan government to do?

• Increase business taxes

• Return to constitutional order

• Hold a new referendum

• Seek independence

How did the European Union react to the violence in Catalonia?

• They imposed sanctions on Spain

• They supported the Catalan government

• They criticized the Spanish Government

• They remained neutral

What is the main concern for banks headquartered in Catalonia?

• Losing European Central Bank support

• Lack of customers

• Decreasing interest rates

• Increasing local taxes

What measure is the Spanish government taking to assist businesses?

• Offering legal protection

• Providing financial aid

• Making it easier to relocate

• Reducing corporate taxes