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Catalonia refuses to attend the Autonomous Communities council in protest of decisions made beforehand

August 1, 2012 12:02 AM | CNA / Gaspar Pericay Coll

Andalusia quits the meeting after one hour. For the first time in democracy, the Catalan Finance Minister did not attend the Fiscal and Financial Policy Council (CPFF), where the Autonomous Community governments and the Spanish Executive discuss the regions’ financial situation and funding. Catalonia refused to attend the CPFF as decisions were taken beforehand by the People’s Party, which runs the Spanish Government and most of the Autonomies for which CPFF decisions are binding. In addition, the Catalan Finance Minister refused to attend the meeting due to Spanish Government’s unilateral decision to oblige the Autonomies to meet a stricter deficit target in 2013, passing from the planned 1.1% to 0.7%. He sent a letter asking for the same flexibility the European Union is giving to Spain.

A reduction of the solidarity contribution to Spain by a third would leave Catalonia with no deficit

August 1, 2012 12:01 AM | CNA / Esther Romagosa / David Tuxworth

According to the Barcelona Chamber of Commerce, if Catalonia continued contributing to Spain’s fiscal redistribution scheme but it did so to a lesser extent, Catalan public finances would have no deficit and Catalonia’s public debt would be much smaller. The Chamber reminded that Catalonia is giving 8.6% of its GDP each year to the rest of Spain in terms of solidarity, an amount that has no other equivalent in Europe. In addition, the Chamber emphasised that this contribution is “excessive” as basic services and infrastructures in Catalonia are not properly funded.

The ‘Dansalona’ festival aims to promote dance in thirteen areas of Barcelona this summer

July 31, 2012 11:58 PM | CNA / David Tuxworth

The 'Dansalona’ festival in the months of August and September is aiming to “popularise dance” in the city with a variety of activities. With numerous performances in theatres across Barcelona, the opportunity to discover behind the scenes and practical workshops, the festival aims to open the city’s creative industry to new audiences, including foreign visitors.

Grifols makes net profit of €133.5 million in the first half of 2012

July 31, 2012 07:42 PM | CNA / David Tuxworth

The Catalan pharmaceutical company Grifols, the third world leader in the production of blood plasma based technologies, has seen its turnover increase by 15% in the first half of 2012 to €1.32 billion. Its net profit for the first half of 2012 was €133.5 million, seven times that of the previous year. The company’s success is attributed to its wide geographical consumer base and the recent purchase of US based Talecris Plasma Resources.

Catalonia against the Spanish Government’s unilateral decision to increase highway toll prices by 7.5%

July 30, 2012 10:35 PM | CNA

Catalan political parties, business associations, and many citizens are outraged by the decision to increase toll prices in Catalonia, while in the rest of Spain there are many toll-free highways. The Catalan Transport Minister asked the Spanish Government to implement a “soft toll” throughout Spain, instead of increasing toll prices in Catalonia. He reminded that for some journeys within Catalonia, there are no free of charge alternatives to the tolled highways. Catalan nationalists see this measure as a new proof of Catalonia’s high fiscal deficit, paying much more to the rest of Spain than what it gets in return. The People’s Party (PP), running the Spanish Executive, asked the Catalan Government to reduce the price of its tolls.

Unemployment in Catalonia is down in second quarter and set at 20.95%

July 27, 2012 09:31 PM | David Tuxworth

Unemployment has fallen by 15,400 people in Catalonia during the second quarter according to the latest Labour Force Survey published this Friday by the National Statistics Institute. The overall totals indicate that 821,600 of the working population in Catalonia are unemployed at a rate of 20.95%, 130,700 more than a year ago. The state total shows an increase in unemployment in the second quarter, bringing Spain’s total to 5.7 million people without work, 24.6% of the working population. With nearly a quarter of the working population unemployed, the figures are higher than the historical record reached in 1994 during the last crisis.

The Minister for the Economy admits Catalonia will use capital from the Regional Liquidity Fund

July 26, 2012 09:28 PM | CNA

The Minister for the Economy, Andreu Mas-Colell, warned the Spanish government that the Generalitat "will never accept political conditions" in exchange for capital from the Regional Liquidity Fund (FLA). He repeated the phrase three times after revealing that the Catalan government has accepted financing from the FLA and has so far employed “all available instruments of liquidity” but “only” those that are linked to exclusively economic conditions. The minister admitted that the Catalan government will welcome the FLA due to “the liquidity pressures” that the Generalitat is facing. The specific amount of funding has not been revealed but Mas-Colell assured that “it will be what is necessary.”

Yes to a new fiscal pact for Catalonia

July 25, 2012 10:07 PM | Laura Pous / David Tuxworth

Catalan Parliament approved on Wednesday the proposal for a new fiscal pact for Catalonia by an overall majority. The proposal defends the creation of an independent tax agency with powers to raise and manage all taxes in Catalonia. According to the Catalan President, Artur Mas, it involves starting a “difficult” negotiation with the government of Spain but it was either “now or never”. If achieved, this new fiscal arrangement would be similar to the one enjoyed by the Basque Country, that collects its own taxes and has been able to keep its debt under control. Therefore, it could help Catalonia getting out of the crisis. Currently, out of the all the territories, Catalonia is ranked third for the amount it pays in taxes, but is ranked tenth for the amount it receives in return. The new arrangement would see Catalonia leaving the common system established by the Organic Law on the Financing of the Autonomous Communities (LOFCA) and establishing bilateral fiscal relationships with Spain.

Barcelona Zoo looks to the future with a €25 million investment, captive breeding and the introduction of new animals

July 25, 2012 09:50 PM | Gemma Font / CNA

After several controversies regarding the possible transfer of the Zoo to outside Barcelona, management has opted for new breeding programs of species such as the Komodo dragon and also welcomes a new elephant. They have also decided to build a dolphinarium alongside the Zoo with private funding, which would end the project to create a marine zoo at the Forum.