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Spanish prime minister sacks Catalan government after independence vote


Mariano Rajoy, Spain's prime minister, gestures as he speaks in the senate in Madrid, Spain, on Friday, Oct. 27, 2017.

Angel Navarrete | Bloomberg | Getty Images

Mariano Rajoy, Spain’s prime minister, gestures as he speaks in the senate in Madrid, Spain, on Friday, Oct. 27, 2017.

Spanish Prime Minister Mariano Rajoy dissolved the parliament of Catalonia Friday, Reuters reported.

Earlier in the day Catalonia’s parliament voted to establish an independent republic.

“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,” Rajoy said following the vote, according to the Financial Times. “It supposes declaring something that is not possible,” he said.

In a Twitter post, the prime minister called for calm.

“The rule of law will restore legality in Catalonia,” he wrote.

Rajoy said that elections will be held in Catalonia in December, according to Reuters.

Spain’s IBEX closed the Friday trading session down about 1 percent with Spanish banks leading the losses.

At 2:37 p.m. ET the euro had dipped to $1.1494 and was about 0.48 percent lower for the session.

This is a developing story. Check back for updates.

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