A student holds a placard reading "The shame of Europe" during a protest in Barcelona, on October 2, 2017 a day after hundreds were injured in a police crackdown during Catalonia's banned independence referendum. / AFP / PIERRE-PHILIPPE MARCOU
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The euro and Spanish stocks fell on Monday as investors tried to gauge what the weekend unrest in Catalonia means for the future of the Spanish state and European unity.The uncertainty over Spain weighed on the euro, which was down 0.7 percent at $1.1733 .The future of Catalonia is hugely important for Spain, as the region, whose capital is Barcelona, represents a fifth of the national economy. Polls consistently show that while most of its 7.5 million residents favored a referendum, they are roughly evenly split on the question of independence from Spain.
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