Catalan lawmakers today voted to declare independence from Spain, as Madrid vowed in turn to restore legality and quash the region’s secessionist bid.
With thousands of pro-independence activists gathered outside, the regional parliament in Barcelona passed a resolution to declare Catalonia an independent state in the form of a republic.
Spain’s Prime Minister Mariano Rajoy responded immediately, urging all Spaniards to remain calm.
He tweeted immediately after the controversial vote that the rule of law will restore legality in Catalonia.
The motion was approved with seventy votes in favour, ten against and two abstentions, a result that immediately saw Spanish shares fall sharply.