Linde corrects himself and admits that freezing bank accounts “is almost impossible”
CNA / Sara Prim
Barcelona (CNA).- “Freezing bank
accounts” if Catalonia becomes an independent country is a very
“improbable, almost impossible” situation, admitted Bank of Spain
Governor, Luis Maria Linde. This statement comes after Linde himself
warned about the risk of facing a ‘corralito’ if Catalonia were to
become an independent country. “I’m not that worried about it and at the
moment I don’t think it worries anybody else in Europe” he clarified
this Wednesday. Linde’s warning was responded to by a joint communicate
written by a group of six prestigious Catalan economists in which they
attributed Linde’s statements to “political motivations” and asked for
his resignation.
The Bank of Spain Governor Luis Maria Linde corrected himself this
Wednesday and admitted that “freezing bank accounts”, which he warned of
last week, is a “very improbable, almost impossible” thing to happen in
the event that Catalonia becomes an independent country. Linde added
that this is not a question that worries him much, nor anybody else in
Europe “at the moment”. He also denied that the European Central Bank
had written a document guaranteeing Catalonia’s remaining within the
Eurozone in case of independence.
A joint communicate asking for Linde’s resignation
“Central bankers shouldn’t influence the voters’ decisions, their
task is to promote financial stability instead”, stated the six
economists who signed the joint communicate. Amongst them were
University of Columbia’s Professor Xavier Sala-i-Martín, International
Economy Research Centre Director Jordi Galí, London School of Economics
Professor Gerard Padró, Catalan Institution for Research and Advanced
Studies Professor Albert Marcet and Catalan Institution for Research and
Advanced Studies Professor Jaume Ventura.
In their joint communicate to the Catalan newspaper ‘Ara’ they
assured that Linde’s statements had a “political motivation” which
“could destabilise the entire Spanish banking sector”. For this, they
ask for Linde’s resignation.
Wednesday and admitted that “freezing bank accounts”, which he warned of
last week, is a “very improbable, almost impossible” thing to happen in
the event that Catalonia becomes an independent country. Linde added
that this is not a question that worries him much, nor anybody else in
Europe “at the moment”. He also denied that the European Central Bank
had written a document guaranteeing Catalonia’s remaining within the
Eurozone in case of independence.
A joint communicate asking for Linde’s resignation
“Central bankers shouldn’t influence the voters’ decisions, their
task is to promote financial stability instead”, stated the six
economists who signed the joint communicate. Amongst them were
University of Columbia’s Professor Xavier Sala-i-Martín, International
Economy Research Centre Director Jordi Galí, London School of Economics
Professor Gerard Padró, Catalan Institution for Research and Advanced
Studies Professor Albert Marcet and Catalan Institution for Research and
Advanced Studies Professor Jaume Ventura.
In their joint communicate to the Catalan newspaper ‘Ara’ they
assured that Linde’s statements had a “political motivation” which
“could destabilise the entire Spanish banking sector”. For this, they
ask for Linde’s resignation.
Bank of Spain Governor, Luis Maria Linde
