Catalonia’s discontent is a growing threat to the eurozone

Catalonia is going to have to make a decision on its future sooner or later. That could lead to unrest in the eurozone, says Matthew Lynn.

A small country with a proud history that wants to break away from an overbearing, centralised government. A fiercely contested independence campaign, dividing a nation. A raft of arguments about whether small countries can survive, and whether they can remain in the European Union.

No, you have not accidentally picked up an old issue of MoneyWeek and absent-mindedly started reading yet another article about Scottish independence. Exactly the same arguments are now being played out in the northeast of Spain.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.