Search: null

The IMF considers that Spain’s greatest financial risk is certain Autonomous Communities not meeting the deficit objective

June 22, 2011 01:30 PM | CNA / Gaspar Pericay Coll

The International Monetary Fund wants the Spanish Government to “strengthen” the labour market reform, not give up on spending cuts and restructure the financial system. The same day, the Bank of Spain's Governor, Miguel Angel Fernández Ordóñez asked the Spanish Minister for Economy to be “stricter” on the Autonomous Community government’s deficit reduction. The Catalan Minister for Finance said on several occasions that Catalonia would meet the deficit objective for 2011 if the Spanish Government showed some institutional loyalty and paid the money it legally owes to Catalonia.

University fees to be raised 7.6% next September in Catalonia

June 22, 2011 12:57 AM | CNA / María Belmez

Public university undergraduate students will have to pay between 64 and 100 euros more per year. Those repeating once will pay the same amount, but those taking a course for the third time will pay 60% more. The measure would bring in 20 million euros in one year. 25% of the revenues from the fee increase will be reinvested via scholarships, the first that will be aimed at university students managed by the Catalan Government.

Catalonia’s new housing stock decreases for the first time since 2006

June 21, 2011 01:36 AM | CNA / Gaspar Pericay Coll

In larger cities, the new housing stock is much smaller and in Barcelona it is almost non existent. However, in other towns and rural areas the current stock will not be completely absorbed until 2015, according to a study from CatalunyaCaixa. Prices will stabilise in larger cities and still drop by 10% where the larger stocks are concentrated. The Catalan housing market is now in better shape than in the rest of Spain. In Catalonia the new housing stock decreased by 2,000 units, while in Spain as a whole it increased by 2%.

Journalist Ali Lmrabet challenges Moroccan regime by publishing a new online newspaper from Barcelona

June 20, 2011 11:14 PM | CNA / Maria Fernández Noguera / Albert Lladó Romero

Lmrabet was sent to jail in 2003 for writing about Morocco’s king and his supposed real estate interests. He was also banned from media. Finally he has created ‘Demain’, an online newspaper directed from Barcelona. It has the same name as the publication he had in Morocco, which was shut down by King Mohammed VI’s regime.

Ferran Adrià’s El Bulli will be opened again to clients for two months in 2012 or 2013 because of a Hollywood film

June 18, 2011 02:38 PM | CNA / Violeta Gumà / Tània Tapia

The Catalan restaurant has been considered the best restaurant in the world for five consecutive years. Chef Ferran Adrià announced he would close his restaurant definitively this July, and will be transformed into the ‘elBulli Foundation’ in 2014. However, the movie Hollywood is planning on the restaurant has obliged the Catalan chef to change his mind and open again for two months in 2012 or 2013. His idea is to show the movie team how the restaurant works.

The Spanish Government has 76% of Spain’s total public debt, while the Autonomous Community share is “only” 17%

June 18, 2011 02:14 PM | CNA / Gaspar Pericay Coll

The Autonomous Community public debt has increased 26% in the last 12 months and represents now the historic maximum of 11.4% of Spain’s GDP. Spain’s total public debt reached 63.6% of its GDP and totals 679.8 billion euros. The Catalan Government’s debt has reached 34.3 billion euros, 17.2% of Catalonia’s GDP. It raised 33% in the last 12 months, as the Catalan Government’s public deficit was 3.86% in 2010.

Barcelona’s Sónar electronic music festival opens its doors

June 17, 2011 02:17 PM | CNA

The Catalan capital is these days the electronic music world’s capital city. The 18th edition of the International Festival of Advanced Music and Multimedia Art Sónar kicks off in Barcelona. It the annual meeting place for electronic music fans and will take place from June 16th to 18th. This year it will have a parallel festival happening in A Coruña, Sónar Galicia. Barcelona’s Sónar Festival will also have a twin festival in Sao Paulo. Sónar Barcelona has also a programme for children called Sónar Kids and for professional called Sónar Pro.