Why does this matter?
Catalonia’s separatists looked increasingly isolated as the region’s biggest bank announced plans to leave and political pressure rose in both Madrid and Barcelona to bring the standoff to a head.
“It’s very sad what we are seeing, the departure of extremely important companies from Catalonia,” Economy Minister Luis de Guindos said at a press conference in Madrid on Friday. “This isn’t the fault of the companies. It’s clearly the fault of irresponsible policy which at the end of the day generates uncertainty and anxiety.”
Corporate tax is paid to the central government, isn’t it, not the regional?