What??? EU panicked over Catalonia???
World's gone stupid crazy???
Business and banks will simply leave Catalonia.
Much like Brexit, it just means more businesses will move to locate at other stable and consistent countries with good rule of law and trading platform with free markets.
As for Catalonia, autonomy is not enough some people want bigger cake. Their leaders and their people are equally daft imo. They want independence and yet full membership of EU. So instead of paying money to Spain they'll end up contributing greater amount to EU fund then even Germany and the UK as they find them selves inhabiting an affluent part of Europe by virtue of natural resources and demographic factors. Will they be any happier then? I doubt any mind has considered or weighed the cons and pros of their actions.
Anyhow, much like investing money, businesses will have to go somewhere. That somewhere will be in safe and secure locations providing consistent rule of law and platform for business environment.
Will it be to countries like Poland, Catalonia or London? No of course not.
Will it be to countries like Germany, France and the Benelux countries? Well why not. Madrid even
Daily trash analysis needs some common sense imo. EU panicking indeed.
Like Brexiters stroking themselves hearing delightful voices inside their heads. Gotta laf.