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Two Catalan banks fail the stress tests in worst case scenarios but would be approved if all provisions would have been taken into account

July 15, 2011 11:44 PM | CNA

Unnim and CatalunyaCaixa would have 4.5% and 4.8% of core capital respectively. However, the provisions that all Spanish banks must have to face difficult times have not been taken into account as they did not exist in other European banking systems. With these funds taken into account, Unnim and CatalunyaCaixa would have approved the tests with 6.2% and 6.3% respectively. CaixaBank, the most important Catalan bank passes the test with 6.4%.

A 20-metre-long whale skeleton welcomes visitors at Barcelona’s new Blue Space

July 12, 2011 09:28 PM | CNA

The Museu Blau (Blue Museum) is part of Barcelona’s Natural History Museum, divided into four different locations. It is housed in a futurist blue triangular building by Herzog & De Meuron, at the Forum Park. Blue Space will have a permanent zoology exhibition called “Planet Life”, focusing on the Gaia theory and the link between the Earth and natural life. The 19th century buildings at the Ciutadella Park will be renovated and will host other parts of the Natural History Museum.