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Barcelona’s City Council has achieved a cumulative budget surplus of €23.5 million for the last few years, after posting a budget surplus of €139.3 million in 2013. In a press conference on Wednesday, the Deputy Mayor for Economy, Business and Employment, Sònia Recasens also announced that the city had eventually executed 97.55%, (€2.25 billion) of its planned expenditure. Such a figure is higher than the average execution ratio for 2009-2013. The execution ratio for investments amounts to 94% (€356 million) and is also significantly higher than in 2009-2013. In addition, debt levels represent 46.7% of the annual ordinary revenue. Furthermore, the City Council paid its providers in 29.2 days on average. Thanks to these figures, the City Council will make available 1,000 new social housing units in Barcelona.

Japanese multinational Olympus, specialized in optics and reprography, has unveiled its new headquarters for Spain and Portugal, aimed at becoming its main centre for Southern Europe. The new facilities are located in the business district of L'Hospitalet de Llobregat, a city literally attached to Barcelona, between the Catalan capital and El Prat Airport. The new offices occupy 2,500 square meters in a building on the Europa Square, close to the Fira de Barcelona. It will welcome 30 employees of the divisions of Consumer Product, Microscopy, Industry, and Medical Systems. Merging the headquarters for Spain and Portugal constitutes a step forward to gain weight on the Southern Europe market, said Olympus Iberia's CEO.

The Barcelona-based fashion enterprise announced that the French investment group Eurazeo will join the Catalan company after a €285 million injection. For this operation, Desigual will issue a share offer that will increase its capital by 10%, which will be entirely covered by Eurazeo. In 2013 Desigual posted a net profit of €129 million, which represents a 71% growth on the 2012 figures. The Catalan retail company's turnover reached €828 million, 18% more than the previous year, according to the Director General of Desigual, Manel Jadraque. On Tuesday, when presenting the company's results for 2013, Jadraque disclosed an EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of €242 million, representing 29% of the sales figures.

FC Barcelona President Josep Maria Bartomeu and Catalan defender Marc Bartra signed the deal in the club offices this Tuesday that will keep the centre-back at Barça till June 2017. The new deal includes a 25 million Euro get out clause.The 23-year-old Bartra joined FC Barcelona as an eleven-year-old and worked his way up through the academy and Barça B teams before signing a first team contract in the 2012/13 season.After putting pen to paper, the Catalan centre-back admitted: “I’m very happy. It’s a great feeling and I hope everything continues to go as well as they have done in my time at the club so far. For me, Piqué and Puyol are my reference points - it’s a challenge to me to achieve what they have . Establishing myself in the team is a big test, but I am getting there”

Marcel·lí Antúnez Roca, one of the founders of the Catalan theatrical group ‘La Fura dels Baus’ has presented an exhibition in Arts Santa Mònica, a cultural centre run by the Catalan Government in Barcelona's famous Les Rambles. The display showcases the artist’s unusual dramatic method, which he names ‘Sistematúrgia’. This concept conceives theatre as a combination of robotics, corporal interfaces and audiovisuals systems. Apart from the exhibition, which will be open to the public until April 4th, this initiative also includes live performances by Antúnez once a week. ‘La Fura dels Baus’ produced the opening ceremony of the 1992 Barcelona Olympic Games.

Barcelona’s Hospital Clínic has installed the ‘Micra’ 24mm pacemaker - equivalent to the size of a one euro coin -  in 4 patients as part of a clinical trial involving 10 medical centres and 60 patients troughout the world. This innovative wireless system is minimally invasive since it does not require any surgical procedure but is implanted in the heart through the femoral vein using a catheter. Such a procedure can be performed within 30 minutes and also reduces the patients’ risks of future infections. According to the Medical Director of the Hospital, Josep Brugada, if the clinical study is successful, it will involve a “paradigm shift”. Experts estimate it could reach hospitals within the next two or three years.

Messi (3), Alexis, Iniesta, Tello and Pedro on target for Martino's team. A week ahead of the trip to the Bernabeu, Barça put seven past Osasuna to build on the clear improvement they showed against Manchester City in midweek. With Leo Messi at his lethal best – the Argentinean scored another hat trick and became FC Barcelona’s all time leading scorer, passing Alcántara’s record – Martino’s side stormed to a seven goal thrashing and laid down a marker ahead of next week’s big game.

E-commerce giant Amazon is studying the possibility of opening its first logistics centre in Catalonia, as advanced by some newspapers on Thursday. The new facilities could be located in El Prat de Llobregat, next to Barcelona's main airport. The centre could dispose of 210,000 m2 of work space and 151,000 m2 of land, making it larger than the Amazon centre in Madrid, according to ‘La Vanguardia’ newspaper. Works could start soon for the logistics centre to become operational by late 2015, with 3,000 employees expected to be hired. The Catalan Minister for Business and Employment, Felip Puig, regretted this early announcement as the company has not reached a final decision yet. Puig regretted the “reckless” move by the Spanish Secretary for Trade for disclosing the news and added that Catalan authorities continued to “work discreetly” to attract investments from foreign multinationals.

Goals from Messi and Alves see off City and book Barça's place on the quarter finals.FC Barcelona laid down a marker for the rest of Europe on Wednesday evening, cruising through to the last eight of the Champions League with a 2-1 win over Manchester City (4-1 on aggregate) with a performance that put to bed the doubts around the team after their weekend league defeat in Valladolid. Javier Mascherano insisted before the game that Barça weren’t down and out and tonight the team proved him right with an important win over one of the strongest teams left in the competition.

On Wednesday evening at the Camp Nou (20:45 CET), Barça will leave La Liga to one side and try to make good on the 0-2 from the first leg against Manchester City at the Champions League. City need two goals to force overtime and three to directly access the quarter-finals of the competition. One of challenges FC Barcelona face is to leave behind the negative results from Spanish League play. The 0-1 away to Valladolid, which left Barça four points adrift of the top spot in the league, should be left behind as the team come into the match at the Camp Nou. It’s time to change the chip, as they say in Catalonia and Spain. All available players, besides injured Isaac Cuenca and Jonathan Dos Santos made the team.

During the 2014 Innovation Convention, organised by the European Commission on Tuesday, Barcelona was named the first European Capital of Innovation. The Catalan capital has prevailed over finalists Grenoble (France) and Groningen (the Netherlands) in a contest which also involved Paris, Espoo (Finland) and Malaga (Spain). The winning project highlights the predominant role of the city in promoting new technologies and bringing together government bodies and citizens, in order to enhance sustainable economic growth and improve the people’s welfare. The award is endowed with € 500,000 to promote innovation. Barcelona's Mayor, Xavier Trias, stated that new technologies in an urban environment have to "work towards improving people's everyday lives[…] or they will fail".

Greater Barcelona-based car manufacturer Seat has hired 450 new workers to cover an expected increase in production. The new employees will join the workforce at the Martorell factory to aid the production of two of its most popular car models, the Ibiza and the Leon. Seat also announced an increase in overall production during a strong performance in 2013, which saw its highest production rates for 5 years. Besides, the Japanese Nissan recently extended the contract to 308 temporary workers and hired additional 20 people in its Barcelona factory. Last November, Nissan launched a shorter night shift to produce the Primastar X83 van, which was extended in February in order to increase production.

Saturday afternoon saw FC Barcelona lose their fourth league game of the season. Relegation-troubled Valladolid beat the defending champions 1-0 thanks to a solitary goal from Fausto Rossi in the 16^th minute, and it was an especially painful defeat because it denied Barça the chance to go provisionally back to the top of the table to add to the pressure on Real Madrid, who won against Levante on Sunday. Saturday’s substandard display also means that Barça’s destiny in the championship is no longer in their own hands. The defeat, their third in just six league games, has put a serious dent in Barça’s title bid. All in all, it was a disappointing day for the club and a disappointing performance from the team.

Barcelona, divided into ten districts which are then subdivided into 73 neighbourhoods, is rich with streets and squares with historical significance. Many of them honour world-famous figures, such as a square named after George Orwell which can be found in the Gothic Quarter, a square honouring John F. Kennedy in the district of Sarrià-Sant Gervasi, Christopher Columbus Avenue and monument near Les Rambles, John Lennon and Anne Frank squares both located in the Gràcia district, and a garden and a statue dedicated to Mahatma Gandhi in the neighbourhood of Poblenou. However, iconic Catalan figures such as surrealist artist Salvador Dalí do not have a street or square named after them.

The MediaTic building in the 22@ Innovation District of the Catalan capital will now be known as the Barcelona Growth Centre, also becoming a meeting place for entrepreneurs and businesses. Such an announcement was made by Mayor Xavier Trias to the fifty attendees of the Barcelona Growth Board meeting, which took place at the City Council on Thursday. Currently, the 8-floor building hosts initiatives such as the Mobile World Capital Foundation, the Agency for Barcelona Brand, the Open University of Catalonia and the Barcelona Mobile Startup, among others. To convert the building into a platform for businesses, the City Council and the Chamber of Commerce will set up an office of assistance to entrepreneurs on the ground floor, which will act as a “facilitator” to create new companies.