european

Catalan economy to grow even faster than expected

May 26, 2017 09:50 PM | ACN

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”.

Independence “not an issue” in European Medicines Agency fight

May 24, 2017 05:58 PM | CNA

The Spanish Minister of Health, Dolors Montserrat, defended on Wednesday that the current political debate in Catalonia, where the government plans to hold an independence referendum in autumn, does not damage Barcelona's candidacy to host the European Medicines Agency. In comments to the press from Brussels, where she held meetings with the Health Commissioner Vytenis Andriukaitis and the Secretary-Generals of the Commission and the Council, Montserrat said that “no one” had raised the issue of independence. “We are the government of all Catalans and we want the EMA in Barcelona. I am strongly convinced that (the independence debate) does not affect this at all. No one has asked me about it,” she insisted. Montserrat said that the Catalan capital is already “ready” to host the 900 EMA staff members at the iconic Torre Agbar building and said that Barcelona “fulfills” all the criteria.

EIB backs €125 million of financing for affordable housing in Barcelona

May 16, 2017 05:12 PM | ACN

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.