Search: null

No major incidents on the opening night of ‘Saloufest’

April 12, 2011 01:59 AM | CNA / Marc Griso / Ignacio Portela Giráldez

The arrival of 5,000 UK students for a five-day festival has put the Catalan coastal town of Salou back in the spotlight. Last year, ‘Saloufest’ had several episodes of drunken behaviour and wild parties on the streets, which caused major disturbances. An ongoing debate has taken place over the past year over how best to combine the five-day festival with Salou’s reputation of a family tourist resort.

The Catalan Government issues 2,700 million euros in retail bonds to generate cash

April 12, 2011 01:58 AM | CNA / Gaspar Pericay Coll

In order to attain liquidity and taking into account the difficulties getting money from the international markets, the Catalan Government is selling 2.7 billion euros worth of treasury bonds. These will be bought by citizens at bank branches. One-year bonds have a 4.25% interest rate while for two-year bonds it is 4.75%. At the end of the first day of sales, 29% of the bonds were sold. The measure was already taken last October by the previous Government and the totality of the bonds were sold quickly.

2011 tourist perspectives for Catalonia and Barcelona are “exceptional” and records could be broken

April 9, 2011 07:19 PM | CNA / Gaspar Pericay Coll

Catalonia’s International Tourism Fair is currently taking place and will run until this Sunday. Barcelona broke all records in 2010 regarding visitors. 7.3 million tourists visited the Catalan capital and there were 14 million hotel nights booked by visitors. The Catalan Minister for Business and Employment, who is in charge of tourism, expects 2011 for Catalonia to be “exceptional”.

The Catalan Government practically eliminates the Inheritance Tax for close relatives, which means 102 million euros less in 2012

April 6, 2011 02:31 AM | CNA / Gaspar Pericay Coll

In the last elections, the elimination of the tax was one of the main promises of the Centre-Right Catalan Nationalist Coalition, Convergència i Unió (CiU), which controls the Catalan Government. From January 1st 2011, first and second degree relatives will have a 99% bonus on this tax. The decision has been taken in the middle of the debate about public expenditure cuts.