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CatalunyaCaixa (CX) on Thursday confirmed the sale of its portfolio of high risk loans to US investment company Blackstone, consisting mainly of mortgages with a nominal value of €6.392 billion and provisions of €2.205 billion. The transaction involved the transfer of funds to a portfolio of asset-backed securities for an amount equal to its book value, €4.187 billion, with €3.615 billion supplied by Blackstone and Spain's public Fund for Orderly Bank Restructuring (FROB) providing the remaining 572 million. With this divestment, the CX solvency ratio stood at 14.9% and coverage stands at 81.6%. After this sale, the liquid assets of CX will reach €16.848 billion and the company is now ready to face its full privatisation, after it was nationalised in 2012.  In addition, Blackstone had already bought CX's real estate business in June in a €40 million operation.

The Catalan Government, alongside the executives of the Basque Country and Castile and León, is leading the index of Autonomous Communities in terms of transparency, according to a study issued on Thursday by the organisation Transparency International Spain. These three Autonomies scored 100 out of 100 in the study, which was based on 80 indicators. They were followed by La Rioja (96), Galícia (94) and the Balearic Islands (93). The Region of Madrid occupies the last position in the ranking, with 65 points, behind the Region of Múrcia (79), the Canary Islands (80) and Castilla-La Mancha (84). The average across Spain is 88.6 out of 100. The study called upon regional governments to indicate the exact location of various data and information about elected officials, political appointments, organisation and personal wealth.

The Spanish Prime Minister, Mariano Rajoy, stated on Wednesday that he "will not join absurd debates" and will not "participate in the game" to negotiate Catalonia's self-determination vote since "the referendum is illegal and will not take place". Ironically, Rajoy accepted the request of the President of the Catalan Government, Artur Mas, to meet, but he has specifically rejected to talk about the purpose of the interview: the self-determination vote. In addition, the Spanish PM has downplayed the agreement backed by a two-third majority of the Catalan Parliament, which was answering a mandate resulting from the 2012 Catalan elections. On the same day the Spanish Finance Minister, Cristóbal Montoro, rejected "reinventing Spain" to better fit Catalans and therefore ruled out a deep Constitutional Reform. In addition, he also rejected setting up a new fiscal scheme for Catalonia, similar to the one that the Basque Country already has.

On Wednesday the first door to the Façade of the Nativity of the Sagrada Familia, Barcelona’s famous basilica designed by Antoni Gaudí, was finally installed. The bronze gate is inspired by nature and is full of metal leaves, flowers and insects. It is located in the ‘Portal of Charity,’ and is the creation of Japanese sculptor Etsuro Sotoo, a passionate follower of Gaudí’s career who has been collaborating in the construction of the church since 1978. At 7 metres tall by 3 metres wide, the ornate door is the first of four pieces that will be installed in this part of the temple as it is completed. The concept of the Nativity Façade is to illustrate the major events of the early life of Jesus Christ through a sculptural and ornamental design full of optimism and joy. The construction of the doors of the basilica is scheduled to be completed in 2015.

On the 16^th July Barcelona art centre Caixaforumopened its last major exhibition of the season entitled ´Beauty captivates. Little treasures from the Museo del Prado´. The exhibition contains 135 small canvases from the great artists within Madrid´s museum collection such as Velázquez, El Greco, Rubens, Goya and Tiziano. It will run for almost six months, until the 5^th of January 2015. The exhibition will enable visitors to contemplate the virtuosity of great masters of painting from the 14^th to the 19^th century dealing with small-scale works. It is the second largest collection of works that a host museumhas exhibited from the Museo del Prado, one of Europe's largest art collections.

The future Law on Consultation Votes, which should enable the organisation of a self-determination vote in Catalonia on the 9^th of November, has been approved by the parliamentary committee in charge of drafting it and sending to the plenary for the final approval in late September or early October. It has passed with the support from all the parties – including the Socialists (PSC) – except the Spanish nationalist People's Party (PP) and Ciutadans (C's), which only hold 20% of the Catalan Parliament's seats. Since the Spanish authorities are not authorising a binding referendum on independence, Catalonia is developing its own legal framework. This law was already foreseen in the Catalan Statute of Autonomy, which is Catalonia's main law and was approved by the Spanish Parliament and the Catalan people through a binding referendum in 2006.

Before meeting with the Spanish Prime Minister, Mariano Rajoy, the President of the Catalan Government and leader of the Centre-Right pro-Catalan State Coalition CiU, Artur Mas, contacted the other parties that agreed to organise a self-determination vote on the 9^th of November in order to explain to them how he envisages the talks that will take place in Madrid. Mas guaranteed them that they would be consulted on any possible change regarding the question wording or the date on which the vote would be held so that a consenus could be reached between them. Yesterday, and on several other occasions, the Catalan President stressed that he is open to negotiate with Rajoy about alternative questions and dates for the self-determination referendum. However, what is non- negotiable for Mas, and the majority of Catalan parties, is that Catalans have to vote very soon on their own political future and on their relationship with Spain.

Barça's away kit for the 2014/2015 season has been unveiled this Wednesday, which is almost entirely bright crimson, a mix of red, orange and pink. The kit will be available starting on July 16 on nike.com/fcb and in stores on July 17. The bright crimson kit is fresh and unexpected to represent the desire of youth to stand out from the crowd, states the Catalan club. The shirt sports a crew neck collar and is entirely bright crimson except for the deep cuffs, which represent the Blaugrana with red on the front and blue on the back. On the back of the collar inside the neck is the Catalan flag the Senyera between FC Barcelona’s red and blue home colours, and this detail is repeated on the back of the collar, but with ‘Barca’ in blue and the club’s unique club font below it.

The Catalan Government approved on Tuesday a measure to impose a tax on empty flats owned by financial institutions. The aim of the tax is to incentivise banks to rent out the empty homes. Santi Vila, the Catalan Minister for Planning and Sustainability, said that the "mere announcement" of the tax has already caused Sareb [Spain's public 'bad bank'], Catalunya Caixa and Bankia to yield to the Government 1,230 apartments for social rent. During the press conference after the weekly Cabinet meeting, Vila pointed out that the new tax will not apply to individuals and will only be intended for flats that have been taken out of the market for more than two years. The Minister also said that the measure is not simply about "tax collection" but is instead to ease the access to housing market in the midst of a housing crisis.

''The recovery has come and has come to stay,'' according to Salvador Guillermo, Director of the Economy of Catalonia's main association of business-owners, Foment del Treball. Guillermo, who coordinated the report published on Tuesday, said that the analysis of economic data confirms that the positive trends have been occurring a month earlier in Catalonia than in the rest of Spain, "which means that recovery is more entrenched'' in Catalonia. The agents of this recovery are internal demand (consumption and investment) and the fast pace of exports in Catalonia.

The Catalan Minister for the Presidency and Government Spokesperson Francesc Homs, said on Tuesday that the President of the Generalitat, Artur Mas, is willing to accept the meeting formula proposed by the Spanish Prime Minister, Mariano Rajoy. Spain's PM rejected a discrete meeting and insisted it should be public, despite the fact the Catalan President had requested a private interview. Nonetheless, Homs said it would be better, "and overwhelming common sense", to hold the meeting in private, without the media focus on it, because that would allow it to be  "more productive." "But if it cannot be this way, we will do as they want," Homs said at a press conference, and insisted that the interview format will pose “no problems.”

The 26^th edition of Girona´s Film Festival runs from the 15^th to the 19^th of July and will screen 175 films; a mix of feature films and short movies from 35 different countries. The festival will kick off with the restored version of Josep Maria Forn´s Los Culpables, shot in Girona in 1962. The event will also contain a new section entitled ´Made in Costa Brava Girona´, which will showcase new and old films shot in the north-eastern part of Catalonia. The festival is made up of 14 sections, six of which will include the presentation of non-monetary awards. Acclaimed Spanish designer, Javier Mariscal, will be a member of the judging panel.

Barcelona has gone from 22^nd to 7^th place in the list of 468 European cities with the best economic prospects; it is ranked the 19^th most competitive city in the world and the 10^th in Europe; it stands at 10^th in the world in terms of receiving new business investments; and it became the 4^th city hosting the largest amount of congresses at world level. The report was produced by the Chamber of Commerce of Barcelona in collaboration with the City Council. Furthermore, another study compiled by ESADE business school stressed that Barcelona is the 1^st European city in money spent per tourist in shopping, ahead of London and Paris. The Mayor of Barcelona, ??Xavier Trias, welcomed the news but also emphasised the ''shadow'' of having more than 100,000 unemployed in Barcelona, a number he finds “unbearable.”

Sabadell United Bank, the US subsidiary of Catalan Banc Sabadell, has strengthened its position in Florida, purchasing JGB Bank of Miami for 49.6 million dollars (€36.45 million). The Catalan company, chaired by Josep Oliu, has informed the Spanish Spanish Stock Market Authority (CNMV) about this operation on Monday. With the integration of JGB Bank, Sabadell United will become a benchmark in the U.S. state of Florida with a total of 40,000 clients, a turnover of close to 8,000 million dollars (€5,876 million) and 27 branches. The operation began in December and now, in July, the bank has received the necessary authorisation from regulatory bodies within schedule.

After being indicted for several months for an influence peddling and bribery case that is under judicial investigation, Oriol Pujol has now  resigned as Secretary General of the CDC, the Liberal and largest force within the two-party Centre-Right pro-Catalan State Coalition Convergència i Unió (CiU) that runs the Catalan Government. In addition, he has resigned as Member of the Catalan Parliament. Oriol Pujol, who is the son of the historical leader of conservative Catalan nationalism Jordi Pujol, was firstly indicted in March 2013 and back then he "delegated" his party and parliamentary tasks – where he was the President of CiU's parliamentary group. However, he did not officially resign as Secretary General and continued as MP, insisting in his innocence. Judicial, political and media pressure have increased in the last year and in March 2014, he was indicted for bribery for the same case, a tender to grant licenses to technical vehicle inspection garages in Catalonia.