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Apolline Menut and Antonio Garcia Pascual.....>

SPAIN
SPAIN: Apolline Menut and Antonio Garcia Pascual at Barclays write this morning
that "Given the clear victory for the 'yes' camp and despite the low turnout, it
seems likely that Catalan premier Puigdemont will unilaterally declare
independence, although we do not think it will be recognized by the
constitutional court, by international organizations or the EU. A likely event
post-referendum could be for the regional government to call for elections in
Catalonia"

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