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Catalonia’s most important bank and one of the most significant companies in the whole of Spain, CaixaBank, obtained net profits of €814 million in 2015. This figure is 31.4% higher than what the entity earned in 2014. According to CaixaBank’s president, Isidre Fainé, this result is due to the gross margin, which reached €7,726 million (11.3% more than 2014), the containment of recurrent expenditure (which dropped to 1.2%) and a lower level of default allocations (the rate of which dropped to 23.6%). In fact, the default rate fell to 7.9%, including Barclays’ loan portfolios. In September 2014, CaixaBank bought the Spanish section of Barclays, Barclays Bank SAU, for €800 million.

The Parliament started to constitute this Thursday the 29 committees of this term of office. One of the most controversial is the Study Committee for the Constitutive Process, which has been set up to put in place the basis of the pro-independence process. Muriel Casals, former president of the cultural association promoting the Catalan language and culture, Òmnium Cultural, described the committee as a place “to share and contrast different opinions”. Another significant committee which has officially constituted is that for Foreign Affairs, Cooperation, Institutional Relations and Transparency, despite the Spanish executive’s decision to take this new department before the court due to its alleged violation of some of the Spanish government’s competences. The constitution of the committees marked the beginning of the Parliament’s legislative action.

There were 87,900 fewer jobseekers at the end of 2015 in comparison to the end of 2014, which represents the biggest annual drop since 2003, according to the latest Active Population Survey (EPA). This represents the 10^th consecutive month in which the rate of unemployment has decreased in Catalonia in comparison to 2014. The unemployment rate in Catalonia at the end of 2015 was 17.7%, 2 points lower than it was on the 31^st of December 2014. In the whole of Spain, there were 678,000 less unemployed at the end of 2015, the biggest drop in absolute numbers. In percentage terms, the unemployment rate was 20.9%, still higher than Catalonia’s.

FC Barcelona spent over 40 minutes in an uncharacteristically precarious position but got three second half goals to knock Athletic Club Bilbao out of the Copa del Rey by a score of 3–1, 5–2 on aggregate, and qualify for the semi-finals for the sixth consecutive year. It was the third meeting in a 10-day span between the two sides — one in La Liga, two in the Cup — with FC Barcelona winning all three by a combined score of 11–2. It was also the sixth and final game between the two this season, with the initial three also coming in a cluster. The victory sees FC Barcelona extend their unbeaten streak to 25 games across all competitions, including five straight wins at Camp Nou.

New Catalan President Carles Puigdemont and the recently named Leader of the Opposition Inés Arrimadas held this Wednesday their first official meeting. At a press conference directly after the meeting, the Catalan government’s spokeswoman, Neus Munté, expressed her hope that the differences regarding the roadmap towards independence, which is “a priority of the new government”, won’t obstruct “the daily management” of the citizens’ needs. Arrimadas described the meeting as “cordial and full of constructive proposals” but lamented that Puigdemont wouldn’t make “any move” to reform Catalonia’s funding system, one of Ciutadans’ core proposals. “If the government renounces negotiation, we will do so in the Spanish Parliament” she stated. 

Barcelona’s Chamber of Commerce estimates that the Catalan economy grew by 3.2% in 2015, which is more than double the figure for 2014 and marks a return to pre-crisis levels, when the GDP increased by 1.5%. To “keep on advancing on the path of economic recovery” and to respond to Catalonia’s push for independence and “guarantee the territorial stability”, the president of Barcelona’s Chamber of Commerce, Miquel Valls, called for “the widest consensus possible” amongst the main parties with representation in the Spanish Parliament. He also emphasised the “fundamental” need to keep the relationship and the compromises established with the EU, as the 40-billion-euros rescue package for the banks in Spain led to the recovery of the risk premium and brought back the trust in the Spanish market.

On Wednesday at 9.30pm CET at Camp Nou the final part of the Barça v Athletic trilogy will be played out, the saga coming to an end in the second leg of their last 16 Copa del Rey tie. The opening encounter a week and a half ago saw Luis Enrique’s team storm to a 6-0 win at home in the league. Messi and Mathieu did not feature in the first leg, but are included in the 18 this time, which reads as follows: Ter Stegen, Masip, Piqué, Rakitic, Sergio, Dani Alves, Iniesta, Suárez, Messi, Neymar Jr, Mascherano, Bartra, Munir, Sergi Roberto, Adriano, Aleix Vidal, Vermaelen and Mathieu. “I'm expecting the same Athletic we saw in the first leg. Maybe even more dangerous.” Stated Barça’s coach, Luis Enrique.

The law will first charge those vehicles emitting more than 160 grams of CO2 per kilometre and in 2020 the bar will be set at a lower level. “This is a law of a country which is committed to the global challenge that humanity is facing” stated the new Catalan Minister for Planning and Sustainability, Josep Rull. The aim is to reduce the level of emissions registered in 2005 by 25% before 2020 and “by 80% or even more” by 2050. Also this Tuesday, the 29 committees in the Catalan chamber for this term of office have been assigned presidents. 15 of them will be led by members of pro-independence cross-party list ‘Junts Pel Sí’, including the Committee for the Constitutive Process. Muriel Casals, former president of the cultural association promoting the Catalan language and culture, Òmnium Cultural, will be head of this committee set up to design the roadmap towards independence.

The European Commission has opened “an in-depth investigation” into whether public measures in favour of mining company Iberpotash gave it a selective advantage over its competitors, in breach of EU State aid rules. “The Spanish authorities fully financed EUR 7.9 million of costs to physically cover one of Iberpotash's waste heaps and reduce pollution” stated the EC’s press release. If confirmed, this would entail a breach in the 'polluter pays' principle since a public authority would have been bearing the clean-up costs rather than the company responsible for the pollution. Iberpotash already has a European infraction procedure against it, which has been pending since 2014.

One of Europe’s most well-known electronic music events, Barcelona’s Sónar Festival has announced the line up for its 23^rd edition. The legendary Manchester band New Order will again be on the bill, after performing at the festival in 2012. The British musician James Blake will present his latest album ‘Radio Silence’ and the French pioneer of synthesisers, Jean-Michel Jarre, has chosen the Catalan festival to mark his comeback to the stage. Sónar “has become everything a modern festival aims to be” stated Jarre. Last year, nearly 120,000 people attended the festival, which takes place at Fira ed Montjuic during the day and Fira Gran Via by night. 

The new Catalan Minister for Foreign Affairs, former MEP Raül Romeva, defended Catalonia’s potential contribution to the EU, especially due to its diverse nature. According to Romeva plurality is a core value of the EU despite “the voices which try to impose certain ideologies which deny diversity and plurality”. During his first public event at the head of the new Ministry, Romeva assured that there is “no news” regarding the Spanish government’s decision to take the new Ministry before the court (they claim that it violates some of the Spanish executive’s competences). He went on to highlight the importance of legality in the EU “but also democracy”. “When it is against its people, the State has a problem” stated Romeva.

The Spanish government’s acting vice president Soraya Sáenz de Santamaría announced that the competences of the new Catalan Ministry for Foreign Affairs will be taken before the court. The commission to study the constitutive process of a potential Catalan Republic, which was approved on Thursday during the new government’s first plenary session, will also be appealed. Spain’s executive believes that both actions violate competences of the Spanish government. On the other hand, Spain’s executive will not impugn new Catalan President Carles Puigdemont’s taking office, during which Puigdemont didn’t mention Spain’s King nor the Spanish Constitution. 

The main Catalan trade association for small and medium-sized companies, Pimec, has repeatedly shown its support for Catalonia’s right to decide its political future. However, in an interview with CNA this Thursday, Pimec’s president Josep González called for the Government to keep the pro-independence process “within the law”. “Let’s do things, but let’s do them right and with common sense”, he stated. González also urged the new executive to approve a new budget as soon as possible and fight against unemployment. The association head went on to celebrate the election of the new Catalan Minister for Business and Knowledge, Jordi Baiget, and defined him as “prudent, open-minded and educated”.

The full line up for Primavera Sound’s 2016 edition was announced this Thursday through an animated film on YouTube, which was followed online by thousands of fans worldwide. Besides Radiohead, PJ Harvey, and the recently reformed American rock band LCD Soundsystem, Suede, Animal Collective, Sigur Rós, Beirut and former beach boy Brian Wilson will also perform at the festival, which is considered one of the most important in the independent music industry. Last year, more than 190,000 people attended the festival, which takes place over 8 different stages inside Barcelona’s Forum Park, right along the seafront. Primavera Sound 2016 will be held from the 2^nd to the 4^th of June and tickets for all three days will range from 175 to 195 euros.

The European body expressed its concerns regarding the use of Catalan and the Spanish State’s other “regional languages” in the administration of justice and in the health service. The Council of Europe called on the Spanish State to “modify the legal frame” and “guarantee that an appropriate proportion of the administration of justice’s workers” has a “practical knowledge” of the Catalan language. The European body, composed by 47 European countries, approved this Thursday “six recommendations” to solve “some important problems” and make sure that the Spanish State respects the European Charter for Regional or Minority Languages.This is the fourth report of this kind, after similar ones were written in 2005, 2008 and 2012. It states that the situation “has improved considerably” in the last four years, especially due to the Autonomous Communities’ efforts.