catalan

Almirall buys US Aqua Pharmaceuticals for $328 million

December 18, 2013 05:34 PM | ACN

Catalan pharmaceutical company Almirall has announced on Tuesday it will buy Aqua Pharmaceuticals, an American company specialised in dermatological treatments. The $328 million transaction reflects the Catalan multinational’s strategy to diversify its activities, by establishing itself in a sector that will be a “key platform for growth”. Aqua Pharmaceuticals has a portfolio of well known brands for treating acne and skin rashes. This year the total sales of the American company’s products are expected to generate $127 million. According to a statement to the National Securities Market Commission (CNMV), Almirall intends to continue employing the same Aqua management team, to benefit from their experience in the U.S. market.

Catalan Finance Minister calls the PP “obstructionist” for blocking next year’s budget

December 18, 2013 02:41 PM | ACN

Andreu Mas-Colell, Catalan Finance Minister, considered the People’s Party (PP) to be “obstructionist” for blocking the approval of the Catalan Government’s budget for 2014, which was initially scheduled for this week. On Tuesday evening the PP – which runs the Spanish Government – confirmed it was freezing the implementation of the €29.31 billion budget because it included €5 million (0.0176% of the total spending) to fund “electoral processes and citizen consultations”. Mas-Colell warned that by delaying the budget’s implementation, the Catalan Government will lose revenue coming from new taxes and therefore it will have more difficulties meeting the deficit targets for 2014. All the parties in the Catalan Parliament criticised the PP’s initiative except the anti-Catalan nationalism Ciutadans (C’s), which backed the action.

Chairman of Spanish Employers: Catalan business-owners are shifting towards self-determination

December 17, 2013 08:43 PM | ACN

Juan Rosell, the current Chairman of Spain’s main association of employers (CEOE), and who used to chair the main Catalan employers association, stated that Catalan businesspeople are shifting towards pro-self-determination stands. Rosell, who is openly against Catalonia’s independence, stated that “business people are not aliens” and “if society has changed its views in the last few years, so have businesspeople”. The top representative of Spanish business-owners stated that the current moment is “extremely serious”. Rosell demanded to “bridge the gap, put all the economic data on the table and analyse the pros and cons for one side and the other one” regarding Catalonia’s independence from Spain. Rosell asserted that companies have not left Catalonia due to the self-determination process.

The PP to finally block the Catalan Government’s budget

December 17, 2013 08:27 PM | ACN

On Monday the People’s Party (PP) announced they were considering freezing the 2014 Catalan Government’s budget of €29.31 billion. The reason is that they include €5 million (0.017% of the total spending) to fund “electoral processes and citizen consultations”, which they fear could fund a self-determination vote. The Catalan Government has the power to organise a consultation process, as well as to modify small items once the budget is approved. The PP was waiting for the Spanish Finance Minister’s green light, since blocking the budget’s approval could have consequences on the objective to reduce public deficit and on meeting the targets imposed by the EU. Cristóbal Montoro argued that, since the blocking would “only last some 30 days”, there is no such danger.

Rajoy insists he will not negotiate on Catalonia’s self-determination

December 17, 2013 08:17 PM | ACN

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.

Illustrious ‘Can Fabes’ restaurant auctions off its furniture and equipment

December 17, 2013 07:51 PM | ACN

Following the closure of former 3-Michelin-stars ‘Can Fabes’ restaurant (50km north of Barcelona) in August 2013, 500 lots of kitchen tools, dinner services and pieces of furniture were auctioned off on Monday in Barcelona. After the death of its Chef Santi Santamaria in early 2011, the restaurant was temporarily run by his daughter until it closed down for financial reasons. The Santamaria family explained they did not want the equipment to stay packed in boxes and forgotten. On the contrary, they decided to organise an auction so that these objects could continue being used by professionals and cuisine connoisseurs alike.The Santamaria family has also presented three of the Chef’s most personal objects such as his aprons and three of his own paintings. Many renowned Catalan Chefs paid tribute to Santi Santamaria by attending the event.

Housing prices rise in Catalonia for the first time since June 2010

December 17, 2013 03:24 PM | ACN

Housing prices increased by 0.8% in Catalonia during the third quarter of 2013, which is the first quarterly increase in the last three years. However, despite the positive figures, in annual terms prices at the end of September were 8.1% lower than those registered 12 months ago, due to the price falls registered in the second half of 2012 and the first 6 months of 2013. Between July and September 2013, prices of newly-built flats and houses in Catalonia rose by 5.7%, while those of second-hand housing were still decreasing (-0.3%). However, overall figures suggest that the real estate market may have reached the bottom and that its recovery might be about to start. In the whole of Spain, housing prices rose by 0.7% in the third quarter of 2013.

Catalan President wants to talk with Rajoy about the self-determination vote

December 17, 2013 03:02 PM | ACN

The President of the Catalan Government, Artur Mas, stated that he wants to meet with the Spanish Prime Minister, Mariano Rajoy, in order to convince him “to allow or tolerate” Catalonia’s self-determination vote. In the yearly live interview at the Catalan Public Television Broadcaster (TV3), Mas challenged Rajoy to make “an attractive offer” to the Catalan people, instead of “saying ‘no’ to everything”. Mas proposed that Catalan citizens vote on the Spanish authorities’ offer and on the independence option. Furthermore, the Catalan President insisted he is willing to change the question wording and dateof the self-determination vote if the Spanish Government agrees on a formulation similar to the Scottish referendum.

PP is considering blocking Catalan Government’s budget for 2014

December 16, 2013 08:09 PM | ACN

The People’s Party (PP) – which runs the Spanish Government – has announced it is looking at the possibility of freezing the approval of the Catalan Executive’s own budget. They are considering blocking the €29.31 billion budget because it will allocate €5 million (0.017% of the total spending) to a “citizen consultation”. The approval of such a budget is essential to meet the 1% deficit target for 2014. However, the PP fears this money could be used to organise the self-determination vote in 2014. The PP’s leader in Catalonia, Alícia Sánchez-Camacho, has announced she was talking with the Spanish Finance Minister, Cristóbal Montoro, on blocking the budget’s approval. The CiU, running the Catalan Government, has stated it is “a mistake”.

Different answers to the FT: Madrid rejects negotiation, Barcelona is open to discussion

December 16, 2013 08:06 PM | ACN

The People’s Party (PP) has answered the Financial Times that “Spanish unity” is “not negotiable” while the main Catalan nationalist parties have insisted they are ready to discuss the self-determination vote’s question, date and procedure. The influential British newspaper has published this Monday an editorial asking for “a negotiated solution” to Catalonia’s independence claims, while stating that the “ingredients for the solution” can be found in the self-determination vote question proposed by Catalan parties. The PP’s Secretary General, María Dolores de Cospedal, replied that “Spaniards’ right to decide” their sovereignty and “Catalans’ rights, as Spaniards, are not negotiable”.

Direct Barcelona-Paris train to reach 1 million passengers in its first year

December 16, 2013 07:45 PM | ACN

1 million passengers are expected to use the new direct High-Speed Train between Barcelona and Paris within a year. The Spanish Transport Minister Ana Pastor, her French counterpart Fréderic Cuvillier and the Catalan Minister for Planning and Sustainability Santi Vila, have described the High-Speed connection as a “milestone” that will further develop the bond between states and develop their economy. The very first direct train from Barcelona to Paris circulated last Sunday, connecting seventeen cities between the two states. Both Catalan and French ministers have stated they had taken measures to accelerate the construction of the Perpignan-Montpellier section, where trains are still circulating at a regular speed, making journeys significantly longer.

Financial Times demands “a negotiated solution” for Catalonia’s independence claims

December 16, 2013 04:53 PM | ACN

Following the announcement of a self-determination vote question and date, the Financial Times urges the Spanish establishment to negotiate. The prestigious and influential newspaper stated that the Catalan claims for independence are “a political problem that requires a negotiated solution”. In this Monday printed edition’s editorial, the FT demanded more “federalism within Spain’s crying need for institutional renewal”, convinced that in the two-part self-determination question proposed by Catalan parties “lie the ingredients for a solution”. “It is not just the Catalans but Spain’s leading parties, Mr Rajoy’s PP and the Socialists, that need to rise to the occasion” urged the Financial Times, while also acknowledging that Spain has failed to build “a plurinational home comfortable enough for its culturally distinct peoples”.

Catalonia will ask Spanish Parliament to transfer referendum powers

December 13, 2013 07:46 PM | ACN

The Catalan Parliament will formally ask the Spanish Parliament to transfer the powers to organise referendums to the Catalan Government, following Article 150.2 of the Spanish Constitution on devolution. This procedure is similar to the one used for Scotland’s referendum, when Westminster Parliament transferred such powers to Edinburgh. On Friday, the 4 parliamentary groups that reached an agreement on an exact question wording and date for Catalonia’s self-determination vote have drafted a bill at the Catalan Parliament to start this petition’s process. Since they hold 64.5% of the seats, the bill should be approved in the coming weeks. In addition, after its weekly Cabinet Meeting, the Spanish Government insisted once again it “will not negotiate”. However, the Spanish Constitution has already been changed and the constitutional consensus from 1978 is broken.

EU states: “at this moment”, Catalonia’s vote is Spain’s “internal matter”

December 13, 2013 07:13 PM | ACN

The referendum in Catalonia was on everyone’s mind at this Friday’s European Commission press conference in Brussels. 20 minutes of the conference were devoted entirely to the Catalan issue. The EC Spokesperson Pia Ahrenkilde confirmed that Catalonia’s self-determination vote remained “an internal matter for Spain”. Ahrenkilde did not wish to stray away from the official EU stand on the issue, despite the persistence of Catalan, Spanish and foreign journalists. Viviane Reding, the European Commissioner for Justice, Fundamental Rights and Citizenship, also addressed the Catalan referendum issue this Friday. She explained that even though “it is true […] that the Spanish Constitution does not allow one region to break out”, she “hoped common sense imposes itself in Spain, in order to solve that problem”.

Grífols and ACE Foundation to test an Alzheimer’s vaccine in January 2014

December 13, 2013 07:11 PM | ACN

The Catalan pharmaceutical company Grífols and Barcelona’s Alzheimer Treatment&Research Center of Fundació ACE – a family charity – have announced that they will run tests of a vaccine against this neurodegenerative illness from January 2014. It will target 365 Alzheimer’s patients at mild and moderate stages of the illness. The first investigation project that ACE’s centre will host is called Ambar. The 365 participants will be randomly divided into three treatment groups plus a fourth control group. The patients will come from 17 Spanish hospitals and 20 United States’ medical centres. From 1996, the ACE Foundation has evaluated more than 14,000 people, 47% of whom were diagnosed with Alzheimer’s. It has the largest bank of genetic data in Europe.