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50,000 children suffer from food deprivation in Catalonia, according to the Catalan Ombudsman

August 5, 2013 09:14 PM | ACN

The Catalan Ombudsman, Rafael Ribó, announced on Monday that 4% of children under the age of 16 suffer from food deprivation. Almost 50,000 children are not eating meat or fish at least once every two days, meaning they do not have a sufficient intake of protein. However, Ribó rejected there was a structural problem of malnutrition and linked the phenomenon to the economic crisis’ effects. Ribó asked the Catalan Government to act immediately to ensure that all children have access to enough food. The Ombudsman proposed 33 recommendations to reduce the child poverty rate, which currently stands at 28%, with approximately 345,000 children under the age of 16 living in poverty. The rate of extreme poverty has also increased in recent years and affects a tenth of Catalan children (130,000).

“Unforgettable” FINA World Aquatics Championships end following two weeks of world class competition

August 5, 2013 09:00 PM | Julian Scully

The 15th FINA World Aquatics Championships have come to an end with numerous world records broken and the introduction of new event high diving. The US topped the medal table with a total of 30; China obtained a total of 25 medals while Russia came third with 19 medals. The championships, which were based this year in Barcelona, involved six disciplines: diving, high diving, open water, swimming, synchronised swimming and water polo. Six world records have been broken during the two weeks of events including American Katie Ledecky smashing the women’s 1500m record. The event cost €25 million and was broadcast to 520 million viewers in 160 countries. According to FINA the event was attended by 267,000 spectators, 67,000 more than expected.

CatalunyaCaixa has made a profit of €183 million during the first half of 2013

August 5, 2013 05:49 PM | ACN

The solvency ratio stood at 10.21% of the bank’s total resources, with 9.77% of core capital. Barcelona-based CatalunyaCaixa closed the first half of 2013 with a net profit of €183 million, which have met targets to recapitalise the bank. The interest margin reached €264 million, which represents a reduction of 5.9% as a result of a credit transfer to the publicly-owned banking management company Sareb. In spite of this, the reduction is less than the average decline seen in the sector as a whole and it has seen a remarkable growth during the first half of 2012 of 14.8%.

Barça’s football for peace in Tel Aviv

August 5, 2013 12:41 PM | ACN

Palestinian and Israeli children, some disabled, enjoyed a day they’ll never forget in front of a packed Tel Aviv’s Bloomfield Stadium with FC Barcelona. The second and final clinic in the Holy Land for the so-called ‘Peace Tour’ – before the Catalan team heads for Asia – was followed by a somewhat more intense training session than in Dura, in the West Bank. During Sunday evening’s clinic in Tel Aviv, Leo Messi was accompanied by Mohamad, a 17-year-old from Palestine, and Assael, a 19-year-old from Israel.

FC Barcelona trained in Palestine on its ‘Peace Tour’

August 4, 2013 12:09 PM | David Saura

More than 24,000 people welcomed Barça to Dura, in Palestine, where the Catalan team held the first clinic on the ‘Peace Tour’. Located close to Hebron, the Dura Stadium was packed to welcome FC Barcelona’s full first team and coaching staff, who everyone in this country is used to seeing on television. The players, who were received by a banner in Catalan, trained with a group of 40 Palestinian boys and girls.

FC Barcelona v Santos: Gamper of goals and high hopes (8-0)

August 2, 2013 11:09 PM | Roger Bogunyà

Barça thrashed Santos by an incredible eight goals to nil in the 48th edition of the Joan Gamper Trophy. The goals came from Messi, Léo (og), Alexis, Pedro, Cesc (2), Adriano and Dongou. It was the Camp Nou’s first chance to see FC Barcelona’s new manager, Tata Martino, and the star striker, Neymar Jr. The stadium also bade a final farewell to one of the biggest legend’s in club history, the great keeper Antoni Ramallets, who died on Tuesday.

The Port of Barcelona increased its container export levels by 12% during the first half of 2013 setting a new record

August 2, 2013 09:46 PM | ACN

Container exports from the Port of Barcelona reached 276,566 TEU’s for the first half of this year, an increase of 12% on the same period of 2012. North Africa and the Far East have significantly grown as the destinations of exports from the Catalan harbour. Furthermore, among the highest exports are motor vehicles and bulk solid cargo such as cement. The Catalan Minister of Planning and Sustainability, Santi Vila, stressed the importance of the Port as an economic engine and the fact that it has changed itself from being an importer to an exporter of goods in recent years.

Registered unemployment in Catalonia drops by 1.11%, the fifth consecutive monthly reduction

August 2, 2013 09:20 PM | ACN

By the end of July there were 6,859 fewer people registered at the Catalan Public Employment Service (SOC) than a month ago, which leaves the total number of registered unemployed individuals at 610,429. The current amount of jobseekers is now the same level as September 2011. Unemployment levels have been decreasing in Catalonia for the last five consecutive months. In addition, last July’s drop is the most significant reduction in this month of the year since 2010. In the whole of Spain, the unemployment rate decreased by 1.36%, with 64,866 fewer people registered at the Public Employment Service offices. This means that by the end of July there were 4,698,814 individuals registered as unemployed in Spain. The Catalan Government states that, if the trend is kept during the second semester, the economic crisis would have reached “its lowest level” earlier this year.

Barça vs Santos: the Gamper Trophy reclaims its traditional role as the season opener

August 2, 2013 03:19 PM | ACN

FC Barcelona home fans will have the first chance to see the team this season, after friendlies in Munich, Oslo and Gdansk. Neymar, one of the big draws for the game, will be set to face his ex-club. In addition, Barça’s new coach Tata Martino will speak to the crowd before the game along with captain Carles Puyol. Puyol will be one of the four squad players who will miss the game through injury, alongside Afellay, Cuenca and Tello. Furthermore, Barça’s legendary keeper Antoni Ramallets, who passed away earlier this week, will also be honoured before the game.

The Catalan Finance Minister points towards extending the 2012 budget for the whole of 2013

August 1, 2013 09:23 PM | ACN

“2013 is done. We now need to think about 2014”, summed up the Catalan Finance Minister, Andreu Mas-Colell, after finding out about the 1.58% deficit target imposed yesterday by the Spanish Executive. Mas-Colell considers this target to be “intolerable” since it “asphyxiates” Catalonia. The Catalan Executive was waiting to find out this figure to approve its definitive budget for the current year, but considering the low deficit target it is now considering extending the 2012 budget for the whole of 2013 – as it has been doing so up until now. The Catalan Government will make the final decision on the issue next Tuesday. Furthermore, Mas-Colell warned that a €1.7 billion budget adjustment will be needed in 2014 that will be required to increase one-off revenue since the Catalan Government “cannot spend less than in 2013”.

Catalan mobility and telecom company Abertis has sold London Luton Airport for €502 million

August 1, 2013 04:06 PM | ACN

Abertis has reported that they have sold London Luton Airport to a consortium made up of publicly-owned Spanish Airport Authority (AENA) – which will own 51% - and Axa Private Equity (49%). The deal is said to be worth €502 million. It was estimated that the asset would have brought in €141 million to the company’s revenue and €46 million to the EBITDA for 2013. The transaction is currently pending approval from the competition authorities, the Spanish Government and Luton Borough Council.  It is part of Abertis’s strategy to modify its portfolio in order to optimise its asset base. Abertis reported last week that it has also made an agreement with ACN & HAS Airports Worldwide for the sale of Stockholm Skavsta and Belfast International airports.

Grífols makes a profit of €182.2 million during the first half of 2013, an increase of 36.9% on last year

August 1, 2013 03:47 PM | ACN

The Catalan pharmaceutical company posted a net profit of €182.2 million between January and June 2013, which represents an increase of 36.9% on the same period of 2012. 92.1% of Grífols sales are made abroad and this figure has reached €1.27 billion, up from 6.2% on the first half of last year. Total turnover stood at €1.38 billion, a 4.9% increase. Furthermore, between April and June, the multinational based in Greater Barcelona obtained its highest ever quarterly sales in absolute terms, which reached €697.1 million and represented a 7.2% increase on the same period of 2012. Last year, Grífols bought out its main competitor in the US, Telecaris, which made the Catalan company one of the main pharmaceutical companies in North America, particularly in the blood-derivate products.

Catalan Banc Sabadell has made €1.27 billion from the sale of 7,700 properties during the first half of 2013

August 1, 2013 03:26 PM | ACN

The real estate subsidiary of Catalonia’s second largest financial entity, Solvia, increased sales by 56% compared to last year’s same period. The company posted its provisional results for the first half of the year, although it has decided to extend its seasonal sales campaign until the 15th of August due to the high demand. Banc Sabadell made €1.27 billion from the sale of 7,747 properties. The forecast for the whole year is to sell 16,000 properties. Statistics released by the bank show that 15% of buyers are non-resident foreigners while 33% purchase to invest.

The Spanish Government imposes a 1.58% deficit target for Catalonia and €2.6 billion of further budget cuts

July 31, 2013 11:38 PM | ACN

The Catalan Finance Minister, Andreu Mas-Colell, accuses the Spanish Government of “asphyxiating” the Autonomous Communities. The 1.58% deficit target imposed to the Catalan Government represents €2.6 billion of further budget adjustment compared to last year’s budget, which ended with a 1.96% deficit. Mas-Colell denounced that the Spanish Executive is “keeping for itself the greatest share of the deficit pie”, while it is only responsible for 50% of Spain’s public spending. The Spanish Government is setting itself a deficit target of 5.2% for 2013 and most of the flexibility allowed by the European Union, which authorised a 6.5% deficit for Spain’s total public sector. Meanwhile, the Autonomous Communities have a deficit target 4 times stricter, although they manage 36% of Spain’s total public spending as well as basic services such as healthcare and education.

Catalonia’s GDP grew by 0.1% during second quarter of 2013 according to Barcelona’s Chamber of Commerce

July 31, 2013 11:02 PM | ACN

Barcelona’s Chamber of Commerce has presented the results of the economic situation of Catalonia during the second quarter of the year. It is estimated that GDP rose by 0.1% on the second quarter, following 18 months of negative growth. President of the Chamber, Miquel Valls, attributes this increase to a new economic model based upon high levels of tourism and exportation, which has boosted activity in the industrial sector. Regarding outlook for the third quarter, the Chamber expects this growth to continue which will improve the business climate within Catalonia.