Wednesday, December 9, 2015

A 7.3pc drop in energy prices remained the biggest factor weighing on price growth" Strangely enough I haven't noticed my domestic bill changing. However I digress, "Last month, Mr Draghi said the ECB would "do what we must" to lift inflation "as quickly as possible" the way he is going he may be on the receiving end of an ill thought out policy. The Weimar Republic comes to mind, wheelbarrows for euros perhaps ?...Spain’s constitutional court has struck down the Catalan parliament’s motion to begin the process of secession, ruling in record time that the legislation infringes on the constitution.  The motion, passed by separatist MPs in the regional parliament in early November, aimed to chart the process of independence for the north-eastern region. The legislation pledged a “disconnection from the Spanish state” to establish a Catalan republic, putting separatists on a collision course with the central government.  Reaction was swift from the central government, which challenged the legislation in Spain’s constitutional court within days. The central government argued that Catalan MPs from the pro-independence Together for Yes coalition and the smaller, far-left Popular Unity Candidacy (CUP) had overstepped the region’s boundaries. The legislation was automatically suspended while the court heard the challenge.

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