Recent Supreme Court rulings on October 6 and 19, 2026, confirmed application of Spain’s 2024 amnesty law to embezzlement charges against Carles Puigdemont, lifting his long-standing arrest warrant and clearing the legal path for return after nearly a decade in Belgian exile. This followed the Constitutional Court’s precedent-setting decision and rejection of a far-right Vox appeal, shifting trader sentiment sharply toward an imminent homecoming. Puigdemont’s associate Toni Comín is scheduled to cross into Spain this week for MEP procedures, while the exiled leader has publicly stated he is preparing his return and called the process irreversible, though his lawyer indicated no appearance before the November 29 snap election. A brief 2024 Barcelona appearance showed his continued political pull, but exact timing remains the key uncertainty for date-specific markets.