La Seu d'Urgell and Sort to host 2027 ICF Canoe World Championships
Catalan towns won candidacy against Paris
Catalan towns won candidacy against Paris
Towns in Catalan Pyrenees to compete against Paris and Kraków
Public body put up money for former officials involved in Spain’s Court of Auditors case over promoting independence
The presence of hundreds of canoeists and their teams in the Pre-Pyrenean town for the international event are making local businesses very happy
The Catalan Government approves a decree to transform the Catalan Institute of Finance (ICF) into a publicly-owned bank to support business and particularly SMEs. With this change, the Catalan Executive’saim is “to strengthen the ICF’s role as a tool to support business and the productive economy”, as the Government’s Spokesperson, Francesc Homs, told the press on Tuesday. The measure is part of the Parliamentary Stability Agreement signed between the Left-Wing Catalan Independence Party (ERC) and the governing Centre-Right Catalan Nationalism Coalition (CiU).
The Institut Català de Finances (ICF), the Catalan Government’s financial institution which offers credit, announced that it gave €1.7 billion in loans to 8,500 companies over the last two years in an Action Plan. The plan’s main objective is to foster economic activity and prevent companies from going bankrupt due to liquidity issues. 98% of those who received loans were SMEs and independent workers. The ICF’s Action Plan had the objective of injecting liquidity into the real economy, into the Catalan business network, while the private banks are going through their restructuring process and access to credit is particularly difficult for many companies.
Activity reports for the Institut Català de Finances (ICF), the Catalan public financial institution delivering official credit, were released on Tuesday. The number of credit requests rose by 34.1% in 2009 while activity grew by 2.5%.