10 million euros in social project subsidies blocked by Spanish treasury
Spain’s treasury has assured it will pay out the funds once it receives request from the government
economy
Government to pay October salaries out of its own treasury
After Madrid’s intervention in Catalonia’s finances, 390 million euros of public worker salaries will be paid from government’s own account
Political crisis leads to 0.2% reduction in 2018’s GDP forecast, says Chamber of Commerce
Both unilateral declaration of independence and application of Article 155 opposed by president of chamber
Seat under pressure from Spain to leave Catalonia
Despite "politcal and monarchical pressure" to move the company's headquarters, the current political situation is not affecting production or sales
What does the future hold for business in Catalonia?
We’ll have to wait and find out, believes president of Small and Medium Business in Catalonia, while the secretary of economy is confident companies and banks will come back
Spain cuts 2018 growth forecast and blames Catalonia
Spanish government trims projections by 0.3% and says it will not meet its deficit target
An independent Catalonia would offer tax incentives to companies, says govt
The moves of firms moving HQs out of the country have “no real effects” on the economy, according to the executive
Spanish stock market rallies after Catalonia suspends independence declaration
European markets also recovered on Wednesday, as fears over political crisis momentarily subside
The London Stock Exchange Group highlights 13 Catalan SMEs as the most inspiring in Europe
These lesser-known companies will have the chance to be connected to outside investment and potential global connections
Catalonia registers record exports
Overseas Catalan sales account for more than 25% of Spanish total
Catalan economy keeps exceeding forecasts
Chamber of Commerce presents revised report predicting GDP growth of 3.1% and labels threats to cut off funding to Catalonia “not viable” as an option for Spanish government
Catalan economy back to pre-crisis GDP but with 438,000 fewer jobs
Economy and treasury minister admits concern over unemployment but insists rate will drop to under 11% by end of 2018
Record-breaking €5bn of foreign investment in Catalonia
The country attracts nearly half of foreign manufacturing investment in Spain
Catalan Tax Agency strengthened in preparation for independence
The Commission for Economic Affairs adopts the draft law that could set the basis for a Catalan fiscal system separate from Spain's
Catalan economy to grow even faster than expected
The Catalan Minister of Economy and Finance, Oriol Junqueras, defended the good health of the Catalan economy on Friday and insisted on the Catalan executive’s commitment to continue within the European Union in case of independence. At the 33th Annual Meeting of the Economy Circle in Sitges, Junqueras confirmed that his executive expects to surpass 2.7% of annual economic growth and highlighted the fact that Catalonia account for 85% of the deficit reduction of all administrations in Spain. The Catalan minister also used the opportunity to communicate a message of calm to the economic sector, guaranteeing that “Catalonia will not leave the EU in case of independence” since there is “absolutely no legal mechanism that foresees this case”. Along this line, Junqueras stressed the “firm pro-European commitment” of the Catalan government and its determination of “strengthening” a common project and creating “excellent relationships” with neighbors, “especially Spain”. In this case, however, like “two states with the same powers”.