barcelona/madrid separatists look set friday regain power catalonia voters reject spanish prime minister mariano rajoy attempt neuter independence movement instead re-igniting country big political crisis decades spanish market recoil surprise result also setback european union must brace secessionist noise grapple disruption brexit simmer east european discontent risk parliamentary election region rajoy appear make mistake leaders include greece alexis tsipras britain david cameron italy matteo renzi make recent years bet voters would resolve troublesome domestic conundrums interactive graphics package click tmsnrt.rs/2agbazv well 99 percent vote thursday election count separatist party secure slim majority spain stock market fell around percent country borrow cost rise investors bet ensue ramp-up tensions rich region hurt euro zone fourth-largest economy rajoy rule call national elections events weaken authority exile separatist leader carles puigdemont say open dialogue offer detail call past fail yield solution several strain months saw secessionists organize illegal referendum oct. police confiscate urns try prevent take place election result do nothing resolve standoff either secessionists keep majority reduce may difficulty form government support unionist party ciudadanos surge enough catapult power divisions huge take time mend priority political actors reconciliation within remit law rajoy tell news conference government moncloa headquarter catalonia account fifth economy spain already trim growth forecast 2018 prospect prolong uncertainty worry business leaders company leave less economic activity bad everyone say chief executive major list spanish company speak condition anonymity tense climate independence debate 3,100 firm shift headquarter region since october referendum overnight hotel stay rise 2.1 percent spain november fell 7.3 percent catalonia national statistics institute say rajoy call election sack previous secessionist government hop mobilise hitherto quiescent supporters union spain deal separatism decisive blow instead party perform miserably result raise question return power puigdemont campaign self-imposed exile brussels rajoy depose catalan president catalonia back square one say marco protopapa analyst jp morgan forecast tensions would quickly return madrid embolden pro-independence camp eager exploit tactical advantage favorable election outcome rajoy dodge question whether would negotiate directly puigdemont catalan politician say time dialogue two least right hear puigdemont say add open return spain give guarantee could take position head potential new catalan government currently face prospect arrest role organize ban referendum catalan parliament declare independence referendum rajoy invoke constitutional power impose direct rule madrid promise restore catalonia autonomy regardless election result could re-impose new government pursue secession eu major power germany france back anti-independence stance despite criticism methods time meanwhile puigdemont attempt gain international support brussels fail far call eu club decadent countries decline mediate solution german government spokeswoman friday urge reconciliation catalonia add spanish constitution would respect secessionists say catalonia pay unfair share tax madrid investors fear independence would knock indebted region eu euro zone default huge effect investment abroad lack stability people invest go cities regions say rafael prisco commercial director real estate agent central barcelona deal mostly foreign clients europe end year struggle build integrationist emmanuel macron victory french presidential election may germany face months political limbo brussels mire nasty dispute poland right-wing government far-right party enter government austria thursday vote catalonia separatist party 70 135 seat compare 72 last time puigdemont junts per catalunya together catalonia retain position large separatist force ciudadanos citizens vote unionist force rajoy people party socialist party perform dismally bitter victory say paloma morales 27-year-old student ciudadanos rally mean four years misery spain 's crisis re-ignited catalan separatists win vote