Barclays on Spain, Catalonia: The risk of "greater volatility in related financial markets"

I posted this from SG earlier on the crisis: SG on Catalonia: Luckily for Spain, the risk-on mood is masking the threats ahead .. Via Barclays now: We think the outlook for the Catalonia is binary and hinges on whether the Catalonian government declares independence.
Barclays on Spain, Catalonia: The risk of "greater volatility in related financial markets"