European Commission urges Spain to resolve Catalan political crisis

The European Commissioner for Economic and Financial Affairs, Pierre Moscovici, said on February 1st that the political crisis in Catalonia is, together with the elections in Italy and the lack of a government in Germany, one of the elements of greatest uncertainty for the European economy and called for Spain to resolve it. "We're hoping that Spain will solve the crisis in Catalonia. These are matters of uncertainty, but they can still count on Europe, which has a strong financial system", Moscovici told sector representatives at the opening of a financial services conference.