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Politics
The Catalan Government spokesman, Francesc Homs (by ACN)

24 July 2012 06:58 PM

Catalonia considering financing from the regional liquidity fund, but rejects claims it is seeking a rescue

Catalonia has not asked for a rescue from Spain, said the spokesman of the Catalan government, Francesc Homs. At a press conference, Homs denied reports that Catalonia is seeking a full bail-out, but admitted the government is considering...
The Spanish Economy minister, Luis de Guindos (by ACN)

23 July 2012 09:15 PM

Spain will not require a full sovereign bailout, says Luis de Guindos

The Spanish Economy minister said on Monday that the state will “absolutely not” require a full rescue package such as the one taken by Greece, Ireland or Portugal. Speaking at a parliamentary hearing, De Guindos said that the Spanish economy...
The protest against the cuts in Valencia (by ACN)

20 July 2012 02:29 AM

New austerity package approved in Spanish Congress despite lack of support

The Spanish Congress has ratified a new austerity package this Thursday with 180 votes from People’s Party (PP), 131 votes against made up by the other parties and one abstention from the Unión del Pueblo Navarro (UPN). The new measures include...
Catalan President Artur Mas, in Parliament (by ACN)

18 July 2012 07:20 PM

Mas urges autonomous communities to “stand firm” in face of the “disloyal” attitude of the Spanish government

The Catalan President in a parliamentary session criticised what he considers to be “acts of disloyalty” by the Spanish government. He said it is unfair that regions have to assume most of the burden of Mariano Rajoy’s adjustment program and...
Spain's Economy minister, Luis de Guindos, vice president Soraya Sáenz de Santamaría and minister Cristóbal Montoro (by ACN)

14 July 2012 12:14 AM

New €18,000 million Spanish fund to support autonomous communities under stress

The Spanish vice president, Soraya Sáenz de Santamaría, said the fund is an “extraordinary mechanism” that will force regions that use it to comply with “extraordinary conditions”. The money will come from a €6,000 million loan from...
The Catalan minister for the Economy, Andreu Mas-Colell, with his Spanish counterpart, Cristóbal Montoro (by ACN)

13 July 2012 04:08 PM

Outrage in Catalonia after Spain cuts regional deficit targets and denies compensation for VAT rise

The Catalan minister for the Economy, Andreu Mas-Colell, said in an interview that he will ask to speak directly to Brussels if Madrid decides to intervene in Catalonia’s finances. The minister is very disappointed with the results of a meeting...
Catalan President Artur Mas on Wednesday after the announcement of new austerity measures in Spain (by ACN)

12 July 2012 02:21 AM

Catalan citizens need to “come together” to face the new round of Spanish austerity measures

President Artur Mas says Catalonia needs to come out of the crisis stronger and citizens should “come together” in the wake of new austerity measures announced this Wednesday by Spanish president Mariano Rajoy. The Catalan government...
Catalan President Artur Mas and Portuguese President Aníbal Cavaco Silva (by J.Biedmar))

12 July 2012 02:14 AM

The Catalan fiscal pact is also beneficial for Spain, argues President Mas

The Catalan President has made the case for Catalan full fiscal autonomy in a trip to Portugal. Artur Mas has started an international tour to try to explain to foreign leaders why Catalonia wants to have a new fiscal arrangement with Spain....
The hispanobonds are expected to help improve regional public finances (by ACN)

11 July 2012 12:15 AM

Hispanobonds will be subject to “strict conditionality”

The Spanish government will launch a new mechanism to issue regional debt bonds on Thursday. This will allow autonomous communities to finance themselves through debt guaranteed by the Spanish Central Treasury. The Spanish secretary of Public...
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