Chaos Unleashed: Catalan Parliament Votes For Independence, Spain Activates "Nuclear Option"

from ZeroHedge:

Updatge 2: Article 155 is now official, after Spain's Constitutional Court lists the series of measures allowing central government to force Catalonia regional administration to obey national law. The two-page document was published Friday in Spain's Official Gazette, in step necessary to becoming law. The measures approved by the Senate follow government proposal, under Article 155 of Constitution. By way of explanation, the actions were taken due to “extraordinary seriousness of the breach of constitutional obligations and the carrying out actions gravely against the general interest” by Catalonia institutions.

spanish official gazette_0.jpg

Update: Just minutes after the Catalan government voted for Independence from Spain, with a former Decision of Independence likely to follow momentarily, over in Madrid wasted no time in responding, and moments ago, with 214 for and 47 against, voted to approve Article 155 of Spain's 1978 Constitution, aka the Nuclear Option which has never been used before, suspending home rule in Catalonia, and giving Prime Minister Rajoy the power to oust the Catalan government.

What happens next?

Spain will promptly move to remove the Catalan president, suspend his ministers and assume authority over the region's public media, police and finances, the only question is how, and what this process will look like.

Indeed, as Bloomberg reported earlier, Spanish politician Garcia Albiol tweeted that Spanish Prime-Minister Mariano Rajoy will restore democracy in Catalonia, adding that courts will reprimand the “plotters.” Furthermore, Spain's El Pais reported that rebellion charges will likely be leveled soon at Catalans for Secession.

An angry Rajoy spoke to reporters in Madrid after the Catalan parliament declared independence and said that "the Catalan parliament has approved something that in the opinion of the great majority of people doesn’t just go against the law but is a criminal act because it supposes declaring something that is not possible which is the independence of Catalonia.”

He also said that he will address Spain at the end of the evening.

In terms of immediate next steps, there will be a Spanish Cabinet Meeting, which has been moved ahead to 5pm local time.

After that, things may get delicate, especially if Spain sends in the proverbial cavalry.

Incidentally, here is the historic moment Catalonia declared independence from Spain:

It's Official! The Catalan Parliament has just voted for independence - 70 'Yes' (needed 68), 10 'No', 2 blank.

As AP reports, Catalan separatist lawmakers pass motion to establish a new republic independent of Spain, as the opposition boycotts the vote...

“We constitute the Catalan Republic, as an independent and sovereign country, under the rule of law,” said the preamble to the resolution, read out by speaker Carme Forcadell before the ballot.

Read More @ ZeroHedge.com