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Catalan moderate nationalists warn that a great clash with unforeseeable consequences is about to happen

August 30, 2011 11:10 PM | CNA

Meanwhile, the Catalan Government, run by the Centre-Right Catalan Nationalist Coalition ‘Convergència i Unió’ (CiU), announces its own law on budget stability. The CiU feels excluded from the reform of the Spanish Constitution to limit public deficit, especially as they had been one of the key actors when negotiating and approving the Constitution in 1978. The CiU’s Spokesperson warned that, since “the Constitutional consensus” had been broken by the PP and the PSOE, “a great clash with unforeseeable and undesired consequences will happen” if nothing changes.

Russian millionaires find an opportunity within crisis buying real estate on Catalonia’s Costa Daurada

August 30, 2011 10:44 PM | CNA / Marc C. Griso

In the current times of crisis within the real state market, money from Russian tourists is particularly noticeable. Rich Russian citizens come to Tarragona’s Costa Daurada to buy houses close to the seashore. Their search is on for "exclusive homes'' with attached land to use them as summer houses or as a base to permanently relocate to. When not using the house, they may rent them.

The Spanish Constitutional amendment limiting the public deficit will finally be approved without a referendum thanks to the PSC

August 29, 2011 11:25 PM | CNA

The Catalan Socialist Party (PSC) decides not to break the Socialists’ unity and not to force a call for a binding referendum on the constitutional amendment. In addition, the PSC rejects the request of the Centre-Right Catalan Nationalist Coalition (CiU) to include within the Constitution a limitation not only the public deficit but also a limitation on inter-regional fiscal redistribution. Moreover, the CiU stated that it has been excluded from the Constitution’s modification and therefore the Constitutional consensus is now broken.