Catalonia's independence crisis is heating up as leaders of its now deposed regional government are either in jail or have had warrants issued for their arrest on charges of sedition and rebellion against the Spanish government.
The move by pro-independence Catalan MPs to declare independence on October 27 in a session that was boycotted by dozens of opposition MPs led the Spanish government to swiftly seize control of the region, sacking the Catalan leader Carles Puigdemont and his government and calling for regional elections on December 21.
Speaking at the Citywire Latin America Retreat in mid-October, economist Mario Weitz believes companies will likely seek to leave Spain as a result of the protests and uncertainty over the future of the country's richest region.
In his presentation, the Madrid-based former World Bank and International Monetary Fund economist gave his take how it will affect Spain and Europe's economy and impact the portfolios of Europe-focused fund managers.
Note: the presentation is in Spanish and has English subtitles.