CatalunyaCaixa confirms the sale of its €6.4 billion high risk mortgages to US Blackstone
July 18, 2014 04:24 PM
Business & economic news from Barcelona and Catalonia
July 18, 2014 04:24 PM
July 15, 2014 08:43 PM
July 15, 2014 04:55 PM
July 15, 2014 04:53 PM
The Catalan Government forecasts that unemployment will fall to 21.7% in 2014, and will be below 20% in 2015. This is according to the Macroeconomic Forecasts report published by the Catalan Ministry of the Economy on Monday. The report confirms the recovery of the Catalan economy, which has accumulated positive growth since the second quarter of 2013. For 2015, the Catalan Government expects the economy to grow 2.1%.
July 7, 2014 06:29 PM
The Catalan Government has presented a new strategy to boost important industries such as chemical, energy and resources, design, sustainable mobility or healthcare. Those sectors will have, by September, a team of experts that will include members of Government and the most important companies, and will prepare strategic plans to help them develop further. The Catalan President, Artur Mas, said on Friday that Catalonia needs its industries, and urged businesspeople to work together with him in order to improve the state of the economy.
July 5, 2014 12:27 AM
Josep Oliu admitted in an interview that the bank “does not have a plan B” in case of a break-up of Catalonia from Spain. The chairman of the Catalan financial institution admitted that they do not contemplate the independence of Catalonia as a feasible scenario. “Reaching agreements, changing some things, giving in a bit, trying to find a settlement suitable for everyone, that’s what we are all hoping for”, Oliu said. Commenting on the state of the economy, the banker regretted that politicians in government in Spain and Catalonia seem to be “ashamed” of the economic policies that they are introducing, when they should “explain to people that they are reasonable”.
July 3, 2014 05:06 PM
At the end of June 2014, the unemployment lists in Catalonia registered 570,214 people, 22,090 fewer than in May, and 47,074 fewer than in June of last year, according to the Spanish Ministry of Employment and Social Security. These figures represent a decrease of 3.73% in the number of unemployed between May and June, and even more significantly, a decrease of 7.63% between June 2013 and June 2014. This reduction of 47,074 persons in annual terms constitutes the greatest fall in unemployment registered in Catalonia since 1998, 16 years ago. Catalonia has experienced the largest decreases in the numbers of people unemployed of any autonomous community in Spain.
July 2, 2014 06:37 PM
At a conference in Brussels on Wednesday, Barcelona presented itself as a “pioneering” city to accommodate electric vehicles. Coinciding with the European Energy Week, the Catalan delegation to the European Union in collaboration with Renault-Nissan organized a conference on the promotion of electric mobility and smart cities, entitled 'The Liveable City’. "Everything is ready, what is missing is that people just have to make the step to use electric vehicles”, the Manager of Infrastructure and Electric Mobility of the City of Barcelona, Manuel Valdés, told CNA. According to the Communications Director of Nissan Iberia, Francesc Corberó, the city "is not only ready, but its whole mindset is totally focused on this challenge".
June 25, 2014 07:48 PM
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June 13, 2014 06:59 PM
June 11, 2014 09:38 PM
Read the latest updates and breaking news on business and economic matters from Barcelona and Catalonia here. Keep up to date with how the Catalan economy is performing, inflation levels, employment and unemployment, major business mergers, important company announcements, and the latest on Catalonia’s biggest enterprises such as Vueling, Wallbox, Grifols, Mango, and plenty of start-ups and international firms based here too.