spanish

Barcelona-based Abertis believes Bolivia will pay “adequate compensation” after nationalising Sabsa

February 18, 2013 10:47 PM | CNA

The Catalan company Abertis, which owns 90% of Sabsa, denies the accusation stated by the President of Bolivia, Evo Morales, that they made a poor investment. Abertis emphasised that between 2005 and 2012, Sabsa invested $12.6 million, and paid $38.6 million to hold the airports and $9.4 million in taxes. However, Abertis accepts the nationalisation of its subsidiary company, which manages the international airports of La Paz, Santa Cruz and Cochabamba. Two other Spanish companies have been nationalised by Morales in the last 10 months. The Barcelona-based multinational believes that the nationalisation process will be “based on international law” and therefore it will receive fair compensation. On Monday, Morales announced the immediate nationalisation of Sabsa. The Spanish Government will review its relations with Bolivia.

Granada vs. FC Barcelona: Messi never gives up and Barça is now set for the Milan trip (1-2)

February 17, 2013 09:38 PM | Roger Bogunyà

Two second half goals from Leo Messi turned the result round after Ighalo had put a brave Granada ahead and gave Barça three more points in their title bid. With the World Number One leading the team though, Barça put in an impeccable second half performance and set things up nicely for Wednesday’s trip to San Siro, when the Catalans will be playing AC Milan at the Champions League last 16 first leg.

Catalonia defends its exclusive power to manage local councils and notes that 90% of Catalan councillors do not earn a salary

February 15, 2013 11:13 PM | CNA

The Catalan Government and most of the political parties have criticised the Spanish Government’s project to reduce local powers. Furthermore, the Catalan Vice-President, Joana Ortega, emphasised the “unfair vision” of local governments given by the Spanish Finance Minister. Ortega underlined that in Catalonia, most of the town halls ended 2012 with a budget deficit of 0%, which is “not in line with the mismanagement image given” by the Spanish Government. Furthermore, while the Spanish Government is aiming to reduce the number of councillors earning a salary to only 18%, Ortega reminded them that in Catalonia only 10% are now earning a salary. Political parties in Catalonia criticised the Spanish Government for taking away power from the government level closest to the citizens.

Barça Manager Jordi Roura fully focused on Granada

February 15, 2013 07:48 PM | Anna Segura

FC Barcelona go to Granada on Saturday for the first in a marathon series of five games in 14 days, including massive matches with Milan in the European Champions League and Real Madrid in the Spanish Cup. The Manager has said in the press conference before the Granada vs. FC Barcelona game that “we are in comfortable position in the league but that should be no excuse for any kind of relaxation”. “We’re into the nice part of the season when in a few days there are lots of things at stake. In terms of fitness and morale this is a good moment for us” commented Roura.

The Catalan economy contracted by 1.3% in 2012, while the Spanish economy decreased by 1.8%

February 14, 2013 10:57 PM | CNA

Economic recession hit Catalonia even harder in 2012 than in 2011, when it dropped by 0.7%. The contraction was especially severe in the last quarter of the year. In December, Catalonia’s GDP plummeted by 0.6% compared to 3 months previously. The fourth quarter’s poor figures made the Catalan economy contract by 1.3% over 2012. In 2011, it also decreased but at a slower pace, dropping by 0.7%. For the whole of Spain, the economy plummeted by 1.8% in 2012 and by 0.7% over the last quarter of the year, compared to the figures from September 2012. The main reason behind the last quarter’s drop is the decrease in consumption by families, compared to the purchases made in the third quarter, before the VAT increase.

House sales in Catalonia increased by 4% in December, just before the end of tax benefits

February 11, 2013 09:49 PM | CNA

The 2,885 housing units sold in Catalonia during December increased by 4% compared to the figures from a year ago. The main reason for this rise is that, in January, the Spanish Government’s tax benefits applied when purchasing a house – approved to reactivate this economic sector after the collapse of the real estate market – will no longer exist. 66% of the houses and apartments sold were second hand, while the other third were newly built. For the whole of Spain, housing sales increased by 2.3% in December. In 2012, house sales dropped by 11.3% over 2012.

The Spanish Government is considering taking the Catalan declaration of sovereignty to the Constitutional Court

February 8, 2013 11:34 PM | CNA

Following a report by its own legal services, the Spanish Government is considering appealing against the ‘Declaration of sovereignty and the right to self-determination by the people of Catalonia’, approved by the Catalan Parliament two weeks ago. This declaration states that, following the historical rights and the free self-determination of the people, the people of Catalonia are sovereign and therefore able decide on their own future and organise a self-determination vote to decide on Catalonia’s hypothetical independence from Spain. The Catalan President stated that, before the self-determination right of the people, “there are no rules, laws, constitutions or possible interpretations”.

Catalonia’s industrial production dropped by 2.7% in 2012, while the Spanish index plummeted by 5.9%

February 7, 2013 09:56 PM | CNA

The economic recession has meant that Catalonia’s industrial production index decreased by 2.7% last year, according to the Spanish Statistics Institute (INE). In addition, the note indicated that the Catalan industrial sector has contracted for the last 10 consecutive months. However, Catalan industry had been less affected than the Spanish average, which plummeted by 5.9% in 2012. One severely affected sector was the production of long-life goods, in which car manufacturers are included, which decreased by 7.1% in December, accumulating 28 consecutive months in the red. Another sector with problems is the means of production, with a 7.3% decrease in December and 11 consecutive months of accumulated drops.

14 Barça players to feature for their national teams

February 6, 2013 07:49 PM | CNA

Valdés, Piqué, Puyol, Alba, Busquets, Iniesta, Cesc, Pedro, Villa, Alexis, Messi, Mascherano, Alves and Adriano will play for their respective national teams on Wednesday in friendlies. Alexis Sánchez, who was named to Chile's national team, will make the shortest trip, seeing that his national team is set to play in Madrid. On the other hand, Spain, with nine Blaugrana named to the team, will travel the farthest. The Spanish side will play in Qatar against Uruguay. Carles Puyol could play his 100th match for the Spanish national team.

Catalan economists want the Spanish Government “to talk without prejudgements” on Catalonia’s self-determination

February 5, 2013 10:52 PM | CNA

The Cercle d’Economia, the main Catalan economic forum open to businesspeople and academics, has published an opinion note on the political context following the last Catalan elections. In the note, the Cercle asks the Spanish Government “to talk” about the Catalan self-determination and “to reform” the Constitution accordingly. The Cercle does not explicitly back an independent Catalonia but it supports a deep reform of Spain’s territorial organisation and the finding of a negotiated solution for both parties, which may be reached through a legal referendum. In addition, the Cercle asks for a review of Spain’s internal distribution of the deficit targets among government levels and to increase those of the Autonomous Communities.

The Catalan Government asks the European Commission to guarantee the “fairer” distribution of deficit targets within Spain

January 31, 2013 09:58 PM | CNA

Andreu Mas-Colell, the Catalan Finance Minister, has sent a letter to the European Commissioner for Economic and Monetary Affairs, Olli Rehn, to denounce the fact that the Spanish Government is proportionally imposing much stricter deficit target on the Autonomous Communities than that of the Spanish Executive, obliging them to implement a much larger and faster adjustment. In 2013, the Spanish Government allowed itself a 3.8% deficit target and imposed an objective of 0.7% on the Autonomous Communities. In Spain regional governments manage 36% of the total public spending, including the main public services such as healthcare, education and social affairs. The Catalan Government manages an even larger share, as it has more devolved powers.