Ada Colau rules herself out as Sumar candidate for European elections
Former mayor of Barcelona says she will continue to work for the city 'in whatever capacity'
Former mayor of Barcelona says she will continue to work for the city 'in whatever capacity'
Catalan is regular language of less than half young people in every district, with Nou Barris at 5%
Council, government, and local nonprofit behind facility with capacity to house 26
Barcelona mayor unveils plan to address technology gender gap
New Year's Eve event along coastline will have special safety measures in place
Council also lowers tax on outdoor seating by 75%
Plan including €3bn spending increase on 2017 to be ratified in parliament
Mayor Ada Colau criticized for being "neutral" in face of judicial persecution
The European Investment Bank (EIB) approved on Tuesday a €125 million loan to the Council of Barcelona to build 2,198 affordable houses. The money will help to finance 23 promotions from all over the city and will cover 50% of the projects budget. The rest will be paid through the Council own resources (31%) and other financial sources, including public and private institutions (19%). Gerardo Pisarello, from the Barcelona Council, said that the EIB loan will help the city save up to €45 million in interests, as the financing conditions set by the European Investment Bank are much more favourable than those of other banks. The Council of Barcelona is planning to build 8,800 affordable flats until 2025.