catalan way

The Spanish Government will pay for the train tickets price reduction in the end

March 9, 2011 09:21 PM | CNA

After the Spanish Governments announcement to reduce the price of local train tickets by 5% with the aim of fostering public transportation to save fuel, the Catalan Government, which manages the service in Catalonia, quantified in 26 million euros its loss in 1 year. Therefore, the Catalan Executive refused to pay for the measure. The Spanish Government will pay 6.75 million euros for 3 months of the measure.

The Catalan President asks Barroso to make the Mediterranean Railway Corridor a European priority

March 4, 2011 12:42 PM | CNA / Raquel Correa / Gaspar Pericay Coll

The President of the European Commission José Manuel Barroso met with the President of the Catalan Government Artur Mas in Brussels. Barroso recognised the Catalan Government's efforts to reduce public deficit. Mas emphasised the importance of making Catalan an official EU language. Mas was accompanied by the Christian-Democrat Josep Antoni Duran i Lleida and the new Catalan Delegate to the European Union, Joan Prat.

CatalunyaCaixa would need at least 1,500 million euros to reach the 10% of ‘core capital’

March 2, 2011 11:33 PM | CNA / Josep Ramon Torné

CatalunyaCaixa won 109.1 million euros in 2010, 1.1% less than in 2009. The second Catalan savings bank is the result from the merger of Caixa Catalunya, Caixa Tarragona and Caixa Manresa. The resulting savings bank currently has 6.9% of core capital, far from the needed 10% by next September. The savings bank already announced its plans to become a regular bank.

In the end, the Catalan Government’s deficit for 2010 is 3.86%

March 1, 2011 11:59 PM | CNA / María Jose Fidalgo / Gaspar Pericay Coll

Spain saw 2010 end with 9.24% of public deficit; 4.97% corresponds to the Spanish Government, 3.39% to the autonomous communities and 0.64% to the local administrations. According to the Spanish Government, half of the autonomous communities saw the year come to an end far away from the objective of 2.4% - Catalonia included. The Catalan Government emphasised that the Spanish Government cut down the revenues of the autonomous communities.