catalan business

Almost 40% of enterprises do not know about NextGenerationEU funds

Tourism, trade and citizens – the potential impacts on the territory and how the government is responding

Companies including Microsoft and Amazon have committed to creating 1,500 jobs in Barcelona in the last year

Employers’ association CECOT's president, Antoni Abad, warned of the economic "instability" that political "stagnation" may cause and expressed his "wish" for Catalonia to constitute a new government "as soon as possible". "We can't continue like this" he stated "98% of CECOT associates refuse the status quo". Abad made these statements this Wednesday at a meeting with Parliament's President, Carme Forcadell, whom in turn assured that she is "hopeful" regarding pro-independence forces 'Junts Pel Sí' and CUP’s negotiations. Abad also asked the government to "facilitate" growth of the Catalan business sector and improve its funding system. CECOT's president also confirmed to Forcadell that Catalonia's economy is recovering in terms of employment and internationalisation capability.

The Catalan Government has created the first certification that “guarantees” the quality of 17 funding systems which aim to be an alternative to traditional banking. The public business innovation agency, ACCIÓ, has accredited the first 17, which are private investors’ networks, crowd-funding platforms, crowd-lending systems an invoice traders. According to the Catalan Business and Occupation department, this certification aims to promote and facilitate Small and Medium-sized Companies (‘PIMES’ in Catalan) and Catalan companies’ access to alternative funding systems, which are considered a key factor for innovation and internationalisation and are a growing trending in Europe.

The Spanish Prime Minister replied on Tuesday to the President of the Catalan Government’s proposal to discuss in a private meeting the question wording, date, and procedure of Catalonia’s self-determination vote. The Financial Times had also urged the Spanish Government to negotiate and make an offer to Catalans, while adding that “the ingredients” for a solution can be found in Catalonia’s question. While Mariano Rajoy answered he was open to meet with Artur Mas, he added he has nothing to negotiate on and nothing new to say. “The [Spanish] Government will not make any concession” regarding Catalonia’s self-determination. In addition, Rajoy insisted the vote “will not take place”. Furthermore, he added that Catalonia will not have a special funding scheme.

Pimec, the main SME association in Catalonia, issued a survey taken of its members. Two thirds of the interviewees would support Catalonia’s independence from Spain while remaining in the European Union. 21.1% would prefer a more federal Spain and only 12.1% would back the current situation. In addition, 97.5% of the interviewees support improving Catalonia’s fiscal scheme. Furthermore, 61.2% think a hypothetical boycott of Catalan products by Spain would not or would hardly affect them.

The Catalan company has promoted its presence in BRIC countries and has achieved two consecutive years of profits therefore recovering from the effects of the explosion of the property bubble