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CaixaBank buys Bankpime’s banking and fund management business

September 30, 2011 10:28 PM | CNA

Barcelona-based CaixaBank, the private bank of ‘La Caixa’, will pay 16 million euros for the purchase of both businesses. Bankpime is a bank for small and medium-sized companies. CaixaBank will control a total volume of 1,200 million euros. CaixaBank will buy Bankpime’s credit investment portfolio -which is worth 363 million euros-, the fund management business –with some 400 million euros traded, the 19 branches of the bank, and client deposits worth some 436 million euros.

A vaccine prototype against HIV partially developed by Catalan researchers provokes a positive reaction in 90% of the cases

September 28, 2011 11:04 PM | CNA

The vaccine MVA-B against HIV gets a 90% immune response in its first test with humans. In addition, after a year, the vaccine proves to still be effective in 85% of the individuals. The vaccine is still a prototype but it shows a promising perspective. Soon it will be tested as well as a therapeutic vaccine, for people already infected with HIV-AIDS. The vaccine has been developed by the Spanish High Council of Scientific Research (CSIC), in collaboration with Barcelona’s Hospital Clínic and by Madrid’s Hospital Gregorio Marañón.

Catalan movie ‘Pa negre’ to represent Spain at the Oscars

September 28, 2011 11:01 PM | CNA / Gaspar Pericay Coll

In an historical decision, the Catalan Academy of Cinema chose a movie entirely in Catalan to represent Spain at the Oscars awards. ‘Pa negre’ (‘Black bread’) was the absolute winner of the last awards of the Spanish Academy awards, surprising everyone. However, the fact of it being in Catalan and that the movie competed with Almodóvar’s ‘The Skin I Live In’ made it difficult to predict if the movie was to finally represent Spain at the world’s top awards.

One of the six Spanish Constitution’s founding fathers criticises the way the reform was carried out

September 28, 2011 01:38 AM | CNA / Josep Ramon Torné / Gaspar Pericay Coll

In addition, he warned about an ongoing re-centralisation process, going against the consensus of 1978, and whose next step “will be the electoral reform”, which “will sentence us [Catalan nationalists] as galley slaves”. The day that King Juan Carlos was ratifying with his signature the amendment to the Spanish Constitution, one of the main law’s six founding fathers criticised the reform. Miquel Roca, who represented the views of the Catalan nationalists in 1978 criticised a reform approved only with the support of the two main parties in Spain, both defending centralist stances.

Catalonia sets its own deficit limit at 0.14% of GDP from 2018

September 28, 2011 01:29 AM | CNA / Gaspar Pericay Coll

The Catalan Government has approved the new Law of Budget Stability, which foresees a gradual and significant reduction of the deficit in the following years. The law permanently fixes an allowed deficit limit of 0.14% of Catalonia’s GDP from 2018, two years earlier than the deadline required by the Spanish Constitution’s modification. According to the Catalan Finance Minister, Andreu Mas-Colell, the law demonstrates Catalonia’s “strong commitment to budget stability”. In addition, the law creates a fund to return public debt, which will be filled with any additional revenues or budget surplus.

Hollywood films dubbed into Catalan to increase from 1% to 7% of all exhibited movies in 2012

September 27, 2011 01:16 AM | CNA / Violeta Gumà

An agreement among the Hollywood majors, the movie theatres and the Catalan Government will increase the presence of American movies dubbed into Catalan. In 2011, only five Hollywood films were dubbed into Catalan. In 2012, 25 movies will be available in the language. The reason for this agreement is to promote the presence of the Catalan language in movie theatres, as currently Spanish almost monopolises the market.

The last ‘corrida’ before the bullfighting ban in Catalonia

September 27, 2011 01:00 AM | CNA / Gaspar Pericay Coll

Barcelona hosted its last bullfight on Sunday. As of January 1st 2012, bullfighting will be banned in Catalonia. The Catalan Parliament decided to forbid this activity in July 2010, with a law that generated a substantial amount of controversy. Bullfighting is associated with Spanish nationalism, and the ban has been interpreted by many as a political stance, in addition to defending animal rights. In Catalonia, over the last decades, bullfighting has lost most of its popular support and only one arena has remained open.

Catalonia received 73% more funding from the last EU research programme than from the previous one

September 23, 2011 11:03 PM | CNA

Between 2007 and 2010, Catalan research centres and private companies participated in a total of 1,047 projects funded by the Seventh Framework Programmes for Research and Technological Development of the European Union. In total, Catalan researchers have received 384 million euros from the EU in the last four years, which represents a 73% increase in relation to the previous programme, which ran from mid 2002 to 2006.