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Independent auditors state that in the worst possible scenario the Spanish banking system would need up to €62 billion. The Eurozone agreed to put at Spain’s disposal up to €100 billion if needed. In the most likely scenario, the Spanish banking system would require between €16 billion and €25.6 billion. Within the most stressed case, Spain’s three main banks would have enough resources of their own to face difficulties and would not need any additional funding. They are the Barcelona-based CaixaBank and the two international giants BBVA and Banco Santander.

Barça Regal win the Liga title in the last match of the Liga Endesa Finals at an at-capacity Palau Blaugrana. The game against Real Madrid was won in the last seconds of the fourth quarter. Pete Mickeal,with 17 points and 9 rebounds, was the best player of the match. Fran Vázquez also had a brilliant performance. Erazem Lorbek was named MVP of the Liga Endesa Final playoff series.

The Catalan Government’s debt represents 21% of Catalonia’s GDP, and it is in charge of almost half of public spending and manages healthcare, education and other basic services. Catalonia’s debt continues to increase because of the public deficit, but slows down its growth significantly. Over the first quarter of 2012, the Catalan Government’s debt increased by €222 million, while it had grown by €2.34 billion over the same period in 2011. With this last increase, the Catalan Government’s debt reached €42 billion at the end of March 2012.

Barça Regal beat Real Madrid on Wednesday evening thereby forcing a fifth and final game in the Liga Endesa Finals. Lorbek, with 24 points, was the best Barça Regal player on the court. Saturday, at 19:00, the champions of the 2011/12 Liga Endesa will be decided at the Palau Blaugrana

On Tuesday the Catalan Council for Constitutional Guarantees (CGE) declared that the Spanish Government decree cutting €3 billion in education does not respect 2 Constitution articles and 5 other articles from Catalonia’s Statute of Autonomy, being thus unconstitutional and going beyond Madrid’s jurisdiction. The Catalan Government following the CGE’s unconstitutionality assessment decided to bring the education decree to the Constitutional Court(TC), as it did last week with Rajoy’s health decree. However, after the Spanish Government threatened to bring approved initiatives from the Catalan Executive to the TC, the Catalan Government decided to modify the decrees through dialogue and bring the decrees to the TC as a last option.

Spain is once again the favourite team going into Euro 2012. After breaking an international jinx of 44 years in 2008, they have not looked back since and possess a squad oozing with quality. Of the 23-man squad Vicente del Bosque is taking to the European Championship in Poland and Ukraine six are Catalan players. Their first match of the tournament is against Italy on June 10th.

Barça Regal took the first game in the Final play off series of the Spanish basketball league with an astonishing comeback in the last quarter, crowned by a three pointer from inside his own half by Marcelinho Huertas. Barça Regal were 17 points down in the third and 12 the beginning of the fourth quarter. Navarro (21 points), Lorbek (18) and Mickeal (17) outstanding for the hosts.

After some months of uncertainty about the future of this training centre in the Pyrenees, the Spanish Government confirmed that NCOs will be able to continue their studies in the academy, although its activity will be reduced. In the last few months, the Platform for the Pyrenees University presented some alternative uses for these facilities, with the objective of converting them into a civilian academic centre. Another platform, Acadèmia Sí, was created at the same time to fight for the maintenance of the military academy, as it is one of the key actors in the local economy.

The Spanish Finance Minister, Cristóbal Montoro, presented the budget data from January to March 2012. The Autonomous Community Governments together had a 0% deficit in this period. Among them, Catalonia’s had a 0.45% budget surplus, while in the same period of 2011 it had a 0.65% deficit. Montoro emphasised that the data shows “the big effort” the Autonomies are making.

After 13 years, the Constitutional Court has denied the appeal presented by the Spanish Government in 1999 against a Catalan Parliament Law that allowed the Catalan sports federation to compete internationally. However, the Court states that Catalan teams cannot compete “in sports where no Spanish federation exists”. According to the Catalan Government, this sentence is “a first step” on the road to the international recognition of “all sports federations”. In addition, the Platform for Catalan said that Spanish legislation does not apply internationally and that International Federations are private organisations; it is thus their decision, as the CAS confirmed in 2008. They also mentioned the case of England, Scotland, Wales and Northern Ireland.

The seven FC Barcelona players in Vicente del Bosque’s squad for Euro 2012 in Poland and Ukraine joined their team mates on Friday morning at the Ciudad del Fútbol de Las Rozas. Carles Puyol and David Villa, who are a regular feature of Spain line-ups, but are recovering from their respective injuries, visited the 23-man squad.

The President of the Catalan Government has organised a summit with all the parties at the Catalan Parliament to discuss a new fiscal scheme for Catalonia. According to official studies, Catalonia gives 8.5% of its GDP each year to pay for investments and services in the rest of Spain, an amount that represents more than €17 billion per year. Some parties state that the current model is unsustainable for Catalonia and represents a plundering of its finances. Others have a more moderate opinion. Nonetheless, all political parties in Catalonia now believe that this amount is excessive and that the fiscal scheme between Catalonia and the rest of Spain should be reviewed. However, they significantly disagree on the formula and the timing.

FC Barcelona have won their 26th Copa del Rey title after beating Athletic Club, the team with the second most Cup titles in the competition, by 0-3. This was Pep Guardiola’s 12th final on the Barça bench, he leaves the team after winning 11 of those finals and only losing one.

Athletic Bilbao and FC Barcelona will appear in a remake of that unforgettable final of 2009, this time at the Vicente Calderón stadium in Madrid, in what will be Pep Guardiola’s last ever match on Barça’s bench. Without Alves, Puyol, Villa, Abidal or Fontàs, Barça have problems at the back.

Using its absolute majority, the People’s Party (PP) has approved the Spanish Government’s budget for the current year refusing 3,100 amendments from the opposition. Only 3 minor amendments from the opposition parties have been accepted. The budget does not respect the current legislation, which obliges to guarantee a minimum investment percentage to be made in Catalonia in order to compensate for an historical lack of money being put into the Autonomous Community. According to Catalan law, approved by the Spanish Parliament, Catalonia should receive at least 18.66% of all the territorial investment made throughout Spain; however it only receives 11.04%.