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Philip VI, the Spanish Monarch, defended this Wednesday “a united Spain” at Strasbourg’s plenary. “Europe has been built on the basis of adding rather than deducting, of uniting rather than dividing and the ability to share and be supportive” he stated. The EU can count “on a united Spain, which is proud of its diversity” and “respectful of the rule of law”, he emphasised. The Spanish King praised the Constitution and described it as “the great agreement” which “protects the regions in Spain in the exercising of their diverse cultures and traditions, languages, and institutions”. Spanish alternative-left Podemos MEP Pablo Iglesias criticised Philip VI’s role regarding Catalonia’s push for independence and stated that “the king shouldn’t interfere in issues that have to be democratically solved by the citizens”.  

Not only parties have taken an active role in this intensive electoral campaign: the banking sector, Spanish diplomacy, the European institutions, international leaders, businesspeople associations and even the sports and scientific fields have had their say. Some have softened their warnings, some have signed joint letters, but all of them have reinforced the historic element of the upcoming 27-S elections. Whatever the situation may be, what is certain is that the moment is exceptional and that the elections are being closely watched internationally.

The Bank of Spain Govenror, Luis Maria Linde, corrected his previous statement and admitted that “freezing bank accounts” if Catalonia becomes an independent country is a very “improbable, almost impossible” situation. Linde’s clarification comes after his statements last week assuring that Catalonia would face a ‘corralito’ in the event of independence. He added this Wednesday that he wasn’t “that worried” about this possibility nor is “anybody else in Europe”. Following Linde’s warning, a group of six prestigious economists asked for the Governor’s resignation and recalled that Linde’s task should be “promoting financial stability” rather than “influencing thevoters’ decisions”.

"I come in peace", stated the President of the Catalan Government, Artur Mas, when a journalist asked him whether he saw himself coming to La Zarzuela Palace once again as a Head of State on an official visit. It was the first meeting between the Catalan President and the King of Spain, Felipe VI, after the unitary pro-independence list was announced for the forthcoming Catalan Parliament elections, scheduled for 27 September and likely to become a 'de facto' plebiscite on independence from Spain. The conversation between Felipe VI and Mas is a part of a series of protocol meetings that the Spanish monarch is currently holding with all the Presidents of the Autonomous Communities. The meeting lasted one hour and 15 minutes, and had a cordial tone, according to Catalan Government sources. As is the custom with this type of encounter, there were no statements made afterwards. However, before the meeting, the Catalan Government believed the King and Mas would also talk about the self-determination process.

Catalonia was last month again the Spanish Autonomous Community with the most intense monthly and annual decline in registered unemployment, official data released on Thursday show. According to the Spanish Ministry of Employment and Social Security, by the end of June 2015 there were 20,952 fewer people registered with the Catalan Public Employment Service (SOC) in comparison to May 2015, leaving the total number of registered unemployed individuals at 510,947. This drop is, in absolute terms, the lowest recorded for the month of June in the last 3 years. However, in relative terms, registered unemployment fell by -3.94%, the biggest decline for the month of June in 19 years. Compared to a year ago, the number of jobseekers decreased by 59,267 (-10.39%), thus marking a two-year period of consecutive annual decline in registered unemployment.

A memorial ceremony for the 150 victims of the Germanwings plane, 53 of whom were living in Catalonia, has taken place on Monday evening at Barcelona's Sagrada Família Basilica, the world famous church designed by the Catalan architect Antoni Gaudí. In the end, the ceremony also included a few words from representatives of the Protestant, Jewish and Muslim communities, after the controversy surrounding the Archbishop of Barcelona, Lluís Martínez Sistach, who had initially planned a solely Catholic ceremony. The mass was attended by relatives and close friends of 52 victims. Out of the 150 victims on the Germanwings plane, which was flying between Barcelona and Düsseldorf and was intentionally crashed in the Alps, 47 had Spanish nationality and 72 were German citizens. The ceremony in Barcelona was held in Catalan, Spanish, German, French, English, Greek and Italian. It was attended by the King of Spain, the Spanish PM and the Catalan President.

A state funeral for the victims of the Germanwings plane that was intentionally crashed in the French Alps in March is to be held this Monday evening at 6pm (CET) at Barcelona's Sagrada Família basilica. The flight was going from Barcelona to Düsseldorf and, out of the 150 casualties, 53 were living in Catalonia. The ceremony follows the state funeral that took place in Cologne's Cathedral 10 days ago. The King of Spain, Felipe VI, is going to be attending the Barcelona ceremony, together with his wife, Queen Letizia. There has been some controversy over the fact that the Cardinal Archbishop of Barcelona, Lluís Martínez Sistach, has chosen to celebrate a Catholic mass, instead of holding a multi-confessional ceremony in order to represent as much as possible the victims' different faiths. Regarding language diversity, the ceremony will be held in Spanish, Catalan, German, French, English and Greek. In the German ceremony, Catalan was not included, nor was it included on the memorial plaque set at the crash site.

The major players in the cell-phone-related industries such as Samsung, Sony, Microsoft and Google are currently presenting their new products in Barcelona, consolidating the city’s position as a true meeting point for the sector. For the 10^th consecutive year, the biggest event in the world of mobile industries kicked off in the Catalan capital on Monday. The 2015 Mobile World Congress, organised by GSMA, will be in Barcelona until Thursday, breaking all records during this time. 90,000 attendees are expected from 201 different countries, representing more than 2,000 companies distributed across more than 100,000 square metres at Fira de Barcelona's Gran Via venue. Furthermore, the event has raised the attention of the world's main media and trade publications, with more than 4,000 accredited journalists in attendance at this year’s edition. Facebook founder Mark Zuckerberg and Google's Vice President, Sundar Pichai, were Monday's main speakers.

Josep Maria Vila d'Abadal, the President of the Association of Municipalities for Independence (AMI), wanted to reassure the mayors that have offered municipal venues to host polling stations on Sunday, particularly in small towns and villages where the Catalan Government does not have facilities of its own. "Mayors do not have to be afraid of anything […] because their legal coverage is guaranteed" stated Vila d'Abadal, who is also the Mayor of Vic (a city in Central Catalonia). He also announced that the AMI – which co-organised the massive pro-independence demonstrations of 2012, 2013 and 2014 – and the Catalan Association of Municipalities will send a letter on Friday reassuring mayors. According to Vila d'Abadal "the future of Catalonia […] as a people" is at stake on November 9. According to him, after Sunday's vote, the most likely scenario is the one leading Catalans towards independence.

BBVA will pay €1.187 billion to the Fund for Orderly Bank Restructuring (FROB) for the nationalised Catalan bank, beating the other two offers in the final phase of the auction process presented by Santander and Barcelona-based CaixaBank. This means that Spanish taxpayers will lose €11.84 billion considering guarantees and due to the fact that the Spanish Government injected €12.622 billion into Catalunya Banc since it was nationalised in 2011. Catalunya Banc was a private bank owned by CatalunyaCaixa, the merger of three historical Catalan savings banks (Catalunya, Tarragona and Manresa). It could not face the deep restructuring process required to meet the new banking regulations. The bank had a weak financial position resulting from a high exposition to toxic real estate and mortgages assets, as well as suffering from poor management. The BBVA will become the second largest bank operating in Catalonia, doubling its past position.

CatalunyaCaixa (CX) on Thursday confirmed the sale of its portfolio of high risk loans to US investment company Blackstone, consisting mainly of mortgages with a nominal value of €6.392 billion and provisions of €2.205 billion. The transaction involved the transfer of funds to a portfolio of asset-backed securities for an amount equal to its book value, €4.187 billion, with €3.615 billion supplied by Blackstone and Spain's public Fund for Orderly Bank Restructuring (FROB) providing the remaining 572 million. With this divestment, the CX solvency ratio stood at 14.9% and coverage stands at 81.6%. After this sale, the liquid assets of CX will reach €16.848 billion and the company is now ready to face its full privatisation, after it was nationalised in 2012.  In addition, Blackstone had already bought CX's real estate business in June in a €40 million operation.

James Costos confirmed that the United States and its enterprises “are watching” the political process in Catalonia and are “of course interested in what the outcome will be”. The representative of the US government in Spain said in Madrid that in the event that “things change,” business needs to be prepared for this. “Business leaders have to look at things that are coming down the pike and take decisions based on that”, he stated.

In the first five months of 2014, the number of foreign visitors increased by 8% to almost 5.5 million people. Catalonia is the autonomous community in Spain that attracts the most tourists, one in four of all foreign visitors to Spain. This is according to the latest figures from the Spanish Ministry of Industry, Energy and Tourism. The strongest increases in visitors came from the Netherlands, Germany, Italy and Asia, although the UK, Germany and France are still the three countries that sent more tourists to Catalonia.

Catalan parties welcomed the new King in a cold manner, and some were even directly absent from the coronation and participated instead in events in favour of a republican regime. However, after a few days of uncertainty, the President of the Catalan Government and leader of the Centre-Right pro-Catalan State CiU, Artur Mas, attended the ceremony in Madrid. Despite the fact that CiU did not give its explicit support to the King's succession, the CiU representatives were all present at the ceremony, although without showing enthusiasm. In addition, Mas insisted that he continues with his "wait and see" attitude, as the King's speech "did not offer anything new". Meanwhile, representatives from the Left-Wing Catalan Independence Party (ERC) did not attend the ceremonies, neither did representatives from the Catalan Green Socialist Coalition (ICV-EUiA), who participated in a small pro-republic demonstration in Barcelona at the exact same time the new King was swearing the Constitution.

The new King of Spain, Felipe VI, highlighted the unity of the country but also its diversity in his first speech as monarch. In a ceremony before the Spanish Parliament and Senate on Thursday morning, Felipe VI gave a speech portraying the guidelines of his reign, just after swearing loyalty to the Constitution, including the Autonomous Communities, as he stressed. He defined himself as "a Constitutional King", who is "the symbol" of "the unity and permanence of Spain". However, he also highlighted that "unity does not mean uniformity" and he pointed out that the Constitution asks "to respect and protect" the different languages in Spain, which are "a shared heritage" and "bridges for dialogue". Despite praising "diversity", Felipe VI delivered his speech entirely in Spanish, despite a small final greeting in Catalan, Basque and Galician. In addition, he defined Spain as "a great nation" to be "proud of", without mentioning Spain's pluri-national status.