Will exodus of firms from Catalonia economically influence voters?

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Damage to Catalan economy’s credibility and investor confidence may persist for years

The secessionist process initiated by Catalonia’s regional government has prompted companies to relocate in other Spanish regions to ensure continued free-market access to the rest of Spain and the European Union.

Over 1,300 companies have now moved their headquarters outside Cataloniain the three weeks following Catalonia’s illegal referendum for independence of October 1st.

Josek 1aThe traditional concern that multinational affiliates are “footloose” applies equally to local companies.

The moves resulted…

  • Will exodus of…

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