Government cuts three tenths of GDP growth for 2018 by Catalonia

Spain's government announced late Monday it was cutting its forecast from 2.6 percent to 2.3 percent economic growth next year, saying the political crisis in Catalonia was creating uncertainty.

It said in a budget plan sent to Brussels that it was down to the economic cycle as well as "a slight containment of domestic demand, resulting from the negative impact of the uncertainty associated with the current political situation in Catalonia".