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Catalan economy has lost 595,000 jobs since 2008 according to a trade union report

July 13, 2013 01:59 AM | CNA

The Workers Commissions trade union (CCOO) has issued a study calculating that 595,000 jobs have been lost in Catalonia since 2008. Furthermore, the number of unemployed people has increased by 428,000 individuals. The study also revealed that the active population was reduced by 85,900 people (-2.3%) between 2011 and the last quarter of 2012. The Socio-Economy Secretary of CCOO said at the presentation of the study that “there are no objective indications of a short-term recovery of the economy or employment levels”.

Barcelona-based CaixaBank is considered the world's best bank in technological innovation

July 13, 2013 01:22 AM | CNA

The British financial magazine ‘Euromoney’ has named the Catalan CaixaBank the world’s best bank in a technological innovation ranking. Furthermore, the publication considered CaixaBank to be the best Spanish bank for the second consecutive year. The Catalan entity is the largest bank within the Spanish market, ahead of the two world giants Santander and BBVA. Furthermore, CaixaBank leads online banking in Spain with 8.8 million clients.

The Spanish Constitutional Court maintains the suspension of the Catalan Declaration of Sovereignty

July 12, 2013 01:02 AM | CNA

The Constitutional Court rejected the allegations presented by the Catalan Parliament against the decision to temporarily suspend the Declaration of Sovereignty. This text was approved in January by two thirds of the Catalan Parliament and it stated that the people of Catalonia are sovereign to decide on their collective future. The Spanish Government took the Declaration to the Constitutional Court, which accepted the appeal and temporarily suspended the text until it reached a final decision – which might take years. The Catalan President stated he was counting on the Court’s decision to maintain the suspension and he emphasised that Catalonia’s self-determination process keeps moving forward. The majority of Catalan parties accused the Constitutional Court of being politicised while Spanish nationalist parties celebrated the decision.