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British Airways-Iberia improve their takeover offer on Vueling’s shares with an increase from €7 to €9.25

March 27, 2013 09:53 PM | CNA

IAG, the airline formed after the merger of British Airways and Iberia, has improved its offer for the total takeover of Barcelona-based Vueling, one of the few airlines in Europe which has earned a profit in the last few years. Earlier this month, Vueling’s board rejected IAG’s offer, presented in November, as they considered it to be too low. Now, the shareholders have had the last word. IAG already controls 45.85% of Vueling. With the new offer, if IAG manages to control 50.01% of Vueling – despite it officially aiming to get 100% of the Catalan airline shares – the operation will go ahead.

Catalonia’s Supreme Court cancels the tender allocating Greater Barcelona’s water supply to Acciona

March 27, 2013 09:41 PM | CNA

In early November, the Catalan Government decided to allocate the public tender privatising the service of the publicly-owned Aigües Ter-Llobregat – which supplies water to the 5 million people of Greater Barcelona – to a joint venture led by Acciona. This meant that the Catalan Executive cashed in €300 million in 2012 and €700 million was to be split over the next 50 years. The operation was aiming to reduce public deficit. However, Agbar appealed the tender because it thought that Acciona was not fully respecting the terms of reference. Now the Court have backed Agbar’s view and cancelled the tender. Acciona has already announced that it will appeal to the Spanish Supreme Court and, in the case that it loses the concession, it will sue the Catalan Government for damages, since the contract came in to effect on the 1st of January.

The Spanish Prime Minister and the Catalan President secretly met and agreed to relax the deficit targets

March 27, 2013 08:29 PM | CNA

According to Catalan and Spanish Government sources, the Spanish Prime Minister, Mariano Rajoy, and the President of the Catalan Executive, Artur Mas, secretly met this week in Madrid. They mainly talked about the deficit targets for 2013 and Catalonia’s self-determination process. It is the first time they have held a meeting in the last 6 months. On the first issue, they agreed on the need to relax the current 0.7% deficit objective, which would oblige the Catalan Government to carry out a budget adjustment of almost €4.5 billion. No specific figure has been decided on, but Mas said that it will be between 1.5% and 2%, depending on the European Union’s decision regarding Spain’s total deficit. Regarding the self-determination vote, they see things very differently and Rajoy continues to refuse to allow such a vote.

The number of home mortgages in Catalonia grew by 47.1% in January compared to the previous month

March 26, 2013 11:12 PM | CNA / Josep Molina

The increase is the highest one registered in Catalonia over the last year. 3,751 home mortgage contracts were signed in January. At the end of 2012, the fiscal benefits for purchasing houses were diminishing and were non-existent by January. Despite this fact, there was a peak in the number of mortgage loans taken out. For the whole of Spain, the number of mortgage loan contracts signed in January reached 25,447, a 44.7% increase in relation to December last year. This is the highest increase since January 2007. Furthermore, the average price of the mortgages signed in January in Catalonia reached €110,418. In year-over-year terms, the number of mortgages signed in Catalonia in January 2013 was 18.58% lower than those signed in January 2012.

9,500 British students party wildly at Salou on Catalonia’s Costa Daurada

March 26, 2013 09:53 PM | CNA / M.C. Griso / R. Segura / A. Ferràs

Thousands of university students from the UK and Ireland come to the Saloufest, a sports tour during the day and a disco and street party at night. “We come to the Saloufest because there are a lot of parties, everything is very cheap and we feel safe” stated one UK student who arrived on Sunday and will party until Thursday in this coastal Catalan town with the first group of 4,000 people. The second and third groups will come after the Easter holidays, on the 2nd and 9th of April. The youngsters bring money in to the hotel, restaurant and bar sectors during a weak period of the year business-wise. However, many neighbours are fed up with the noise and other disturbances, and some locals even leave the town during these days.

Tito Vilanova arrives in Barcelona after his two-month treatment in New York

March 26, 2013 06:01 PM | CNA

FC Barcelona’s Coach has landed on Tuesday morning, at about 8:05 at Barcelona El Prat Airport, after two months in New York when dealing with his illness. Jordi Roura and Aureli Altimira, who joined him on the flight home, will be taking this afternoon’s training session at the Ciutat Esportiva. Last December Vilanova underwent surgery for his parotid ailment relapse and in January he flew to the States to continue with his cancer treatment. In late 2011, Tito Vilanova had a first tumour removed from his parotid gland.

The number of extreme sport companies in the Lleida Pyrenees increases by 20%

March 25, 2013 10:18 PM | CNA / Marta Lluvich

The Pyrenees of Lleida are one of the main areas in Catalonia for adventure sports and the season officially kicks off this week, once the snow sports are about to end their season. Now begins the time for rafting, canyoning, horse-riding excursions, paragliding, mountain bike rides and hiking, which are among the most popular sports. In the last year, the number of companies working within these activities in the Province of Lleida has increased by 20%, reaching more than 200 enterprises. The sector has set the objective of reaching 625,000 services in 2013, similar to that of the last few years. However, they are concerned that the economic crisis and the VAT increase imposed by the Spanish Government might reduce the number of clients.

Catalonia’s public body offering credit funded 8,500 companies in 2011 and 2012 with €1.7 billion

March 25, 2013 10:03 PM | CNA

The Institut Català de Finances (ICF), the Catalan Government’s financial institution which offers credit, announced that it gave €1.7 billion in loans to 8,500 companies over the last two years in an Action Plan. The plan’s main objective is to foster economic activity and prevent companies from going bankrupt due to liquidity issues. 98% of those who received loans were SMEs and independent workers. The ICF’s Action Plan had the objective of injecting liquidity into the real economy, into the Catalan business network, while the private banks are going through their restructuring process and access to credit is particularly difficult for many companies.

Nazanin Armanian: “The mass media have created a distorted and demonised image of Iran”

March 25, 2013 07:45 PM | Rosa Soto

Barcelona-based Iranian writer, journalist and teacher, Nazanin Armanian, presents the second edition of her animal story book compilation. This book sets out some basic principles about the relationships between animals and human beings and can be seen as a starting point for comparing international relationships, especially between Iran, Middle Eastern countries and the West. Armanian graduated in Political Science at Universitat de Barcelona and is preparing her doctoral thesis in Philosophy. She talked to CNA about how humans relate to animals and the relationship between Iran, the Middle East and the West.

Multi-million euro support for internationalisation of Catalan fashion label Desigual

March 25, 2013 07:23 PM | CNA / Karina Reinhard

The fashion label Desigual based in Barcelona has obtained a €200 million line of credit from different banks. This financial support will be used to finance international expansion as well as plans for a new logistical centre in Vilamoura (Barcelona). Leading this investment is the Catalan bank CaixaBank, mostly owned by La Caixa. Under the slogan “Desigual – It’s not the same” the label wants to focus on continual improvements, innovation, engagement, tolerance, positivism and fun. Within this slogan now Desigual is trying to attain a more international status, enlarging its current team of 2,900 people from 72 different nationalities.

The use of rubber bullets by Catalan Police is being discussed in Parliament

March 25, 2013 06:58 PM | CNA / Laia Ros

The use of rubber bullets by the Catalan Police is at the centre of a fierce social and political debate. The Catalan Parliament has recently decided to create a commission in order to discuss the methods used by riot police, which is expected to take place at the beginning of April. This kind of ammunition in Catalonia has allegedly caused the loss of an eye and sight loss to 8 people over the last three years and heart necrosis to a man. All sides in this conflict will be consulted in the parliamentary debate and a quick process is expected in order to respond to increasing public concern regarding this method.

Catalonia led the number of evictions ordered in Spain in 2012

March 22, 2013 11:25 PM | CNA

Catalan first instance courts ordered 25,422 evictions last year, representing 25.1% of the total number in Spain. Two weeks ago the European Court of Justice declared the Spanish Mortgage Law to be abusive towards citizens. Home evictions have increasingly become a social drama in Catalonia and in the whole of Spain, particularly over the last two years, as the crisis became harsher. In 2009, a platform to unite people affected by house evictions was created in Barcelona and it has managed to stop hundreds of cases throughout Catalonia and Spain.

Catalan literature on show at the 2013 Paris Book Fair since Barcelona is this year’s guest city

March 22, 2013 11:03 PM | CNA / Violeta Gumà

Classic and contemporary authors from Catalonia, writing in Catalan or in Spanish, are one of the main attractions of this year’s Salon du Livre in Paris, which is one of the main book fairs internationally. Running from Friday the 22nd to Monday the 25th of March in the French capital, this year the book fair has Barcelona as its guest city under the title ‘Barcelona, ville des prodiges’. The Institut Ramon Llull, the public body in charge of promoting Catalan culture abroad, is organising the presence of Catalan literature at the fair. During the first day, the visitors were mainly interested in Eduardo Mendoza, Carlos Ruiz Zafón and Josep Pla, who wrote ‘The Grey Notebook’ which has just been translated into French.

The Spanish Government will relax the Autonomous Communities’ deficit targets and is open to setting them on individual basis

March 21, 2013 11:41 PM | CNA / Gaspar Pericay Coll

The Spanish Finance Minister, Crístobal Montoro, confirmed that if Brussels relaxes Spain’s total deficit target for 2013, he will share this flexibility with the Autonomous Communities’ governments. A working group has been created to analyse the most convenient formula for this, including that of setting different deficit targets for each Autonomous Community. The Catalan Government celebrated the decision, since it has been asking for it for many months. In addition, the Catalan Finance Minister, Andreu Mas-Colell, stated that he will look for “a smooth relationship” with the Spanish Executive to negotiate the details. On Wednesday, Mas-Colell proposed the idea that deficit targets could be set according to debt levels. In the last few days, the Catalan Government has sent several messages in order to show a willingness to talk to Rajoy’s cabinet about the most important subjects on the table.