The latest spanner in the works of the Spanish sovereign debt crisis is Catalonia's plan to hold a secession referendum. Myles Bradshaw, portfolio manager at Pimco, expects a compromise along a rocky road. Other concerns include the banking system, and Spain's delay in applying for a eurozone bailout. Mr Bradshaw explains to Long View columnist John Authers that this really needs to be done by the end of October to allay further market nervousness.
Produced by Darryl Thomson. Filmed by James MacDonald.