Spain will become vocal about austerity measures. They will make a power play against the austerity policies they had to agree to. At the end they will cower and not follow through on their threats. At first it will seem as if Spain takes Greece’s side and fans the flame of discord.
But the Spanish government will backtrack because of threats and the negative consequences that their rhetoric will have in relation to influential EU countries. Divisions in Spain will increase with areas of Spain demanding to become autonomous. Referendums will be called out. Conflict will arise around the legality of these referendums. The attempts for autonomy will not cause a split into new countries but will introduce new policies in the governing of Spain. These new policies will not satisfy those who want autonomy but will appease them for a while.