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Protest camps grow and spread across Spain claiming for “real democracy” during the last days of the electoral campaign

May 19, 2011 12:54 AM | CNA / Gaspar Pericay Coll

They call themselves “angry people”, they are fed up and they are asking for a “real democracy”, as they believe the political class has failed to represent them. Most of them are in their twenties, but there are people of all ages and backgrounds present. Since Sunday May 15th they are camping in Madrid’s Puerta del Sol Square and in Barcelona’s Catalunya Square. The movement pretends to change the political system in a peaceful way and is being organised via social networks, probably inspired by Cairo’s Tahrir Square. Politicians, in the final days of the political campaign, have asked for an understanding of the protests and have called for calm.

The Catalan Government “wins an arm-wrestle” within “the Spanish Government’s offensive”

May 18, 2011 02:16 PM | CNA / Gaspar Pericay Coll

The Catalan Government will be able to keep the number of new teacher positions this year, after the Spanish Government withdrew its complaint. However, the Spokesperson for the Catalan Government insisted that the Spanish Executive continues with “its offensive against Catalonia”, as among other issues it still refuses to pay 1.45 billion euros from the Competitiveness Fund. In addition, only 0.8% of the Spanish Government’s approved public works in 2011 are in Catalonia.

CaixaBank, the new retail bank by La Caixa, will start trading in the Stock Exchange on July 1st

May 13, 2011 01:48 AM | CNA / Gaspar Pericay Coll

The transformation of the savings bank La Caixa’s industrial holding, Criteria into the private bank CaixaBank is reaching the final stage. Criteria’s stockholder board approved duplicating the current stocks by issuing 300,000 convertible bonds. The new bank expects increasing its market share in Spain by 50% through business activity increase and new acquisitions in the period 2011-2014. The announcement is made the day after billionaire Carlos Slim bought 900,000 CaixaBank stocks.