Spain

Catalonia's 'climbdown' over an independence vote poses fresh challenges to Spain's government

Euro-area employment is picking up pace but the recovery is fragile

European legacy carriers are struggling to ward off competition

Madrid may regret using Constitutional Court to stifle Catalans' wish to express their democratic will on independence

If Catalonia proceeds with an independence 'consultation' in November, Madrid will intervene

The very logic of of the European Union encourages economic separatism.

The pro-sovereignty movement's push for a referendum on Catalan statehood risks confrontation with Madrid and unrest

Mounting political risks and geostrategic strain will derail Europe's recovery this year, blunting impact of ECB action