Catalan sanitary company Roca has been fined 38.7 million euros for participating in a cartel (agreeing on prices competitors) with 16 other sanitary companies for over 12 years. Masco informed the European Commission of the covert operation.
The multinational chemical company, with a strong presence in Catalonia, increases sales in Spain in the first quarter of 2010 despite the effects of the economic crisis in the construction and automobile sectors.
The number of tourists that visited Catalonia this May increased by 2.3% in comparison to May of 2009, despite the volcano ash cloud. Catalonia remains the first autonomous community in number of foreign visitors.
The Bank of Spain?s Governor demands that autonomous communities and local administrations cut public expenditure even more. He has added that most of the means announced by these public administrations are too far from the level of reductions the...