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The world’s top cell phone trade fair will attract 55.000 people to Barcelona

January 13, 2011 01:27 PM | CNA / Alex Recolons / Jordi Pueyo

The Mobile World Congress will be held in the Catalan capital for the seventh time. It will take place between 14th and 17th of February and will bring have an economic impact of 200 million euros on the city. Visitors are predicted to occupy 30,000 hotel rooms, 25% higher than last year. However, Barcelona could lose the Mobile World Congress’ organisation contract as the current one ends and other cities put forward their candidature.

The Mediterranean railway corridor, linking Algeciras with Stockholm, must be a European priority

January 12, 2011 11:06 PM | CNA / Raquel Correa

Politicians and businessmen from Catalonia, Valencia, Murcia and Andalucía participated today in an event pushing for the so called Mediterranean Railway Corridor for freight and passengers. They push the European Union to declare it a European priority, an axe that would vertebrate Europe, from Gibraltar to the Baltic Sea. However, participants criticised that the Spanish Government has yet to show its commitment to building freight railway with European-standard width that would connect Andalucía, Valencia and Barcelona to Central Europe. Besides goods, the corridor should also count with a high-speed train connection for passengers.

Spanish Government rejects proposals to protect mortgage holders who cannot pay their debt

January 11, 2011 10:43 PM | CNA / Roger Pi

The Spanish Vice President for Economy Elena Salgado refused the idea proposed by three Catalan parties to allow mortgage holders end their debt by returning their house to the bank. This measure already exists in the US and other countries. In Spain, a country with a high unemployment rate, many people are not able to afford to pay their mortgage. However, at the moment, debt does not disappear when banks execute mortgages and take away the house. Salgado wants to keep the current system in order not to harm the banks and thus the recovery, but at a high social price.