Various banks and savings banks are asking the Catalan Government to extend the total bond amount to 3,000 million euros. The Catalan Ministry of Economy will make the decision whether or not to extend the amount on Friday. The Catalan Government's debt bonds were issued for an initial amount of 1,890 million euros and further extended to 2,500 million euros due to their massive purchase by Catalan citizens
As a result of the Catalan Government’s success in bond sales, they have made the decision to increase the overall bond amount to 2,500 million euros. The bonds can be purchased until the 12th of November by private citizens.
Today banks and savings banks started selling the treasury bonds announced by the Catalan Government two weeks ago to get cash. On the first day, about 1,000 million euros have been bought. If this pace continues, the bonds will be sold out by next week. The quantity on sale is 1,890 million, which could be increased to 2,500.
Trains with origins and destinations in Catalonia will be managed by the Catalan Government beginning in 2011. Medium-speed trains (called Avant) are not included. A commission will quantify the cost of the service. The agreement follows what has already been agreed on in the Catalan Statute of Autonomy, approved in 2006.
The Catalan Government has declared the Collserola hills as a Natural Park. The old project has experienced several delays, but today it got the green light. The mountains will now have special protection and further construction will go through strict controls.
The UK rating agency stresses that measures to cut public expenditure will have to be accelerated. The recent decision by the Catalan Government to issue bonds to obtain cash have influenced the agency. Moody’s is sticking to its short-term rating and lowers-down the long-term one. The Government will now have more difficulties in getting funding in international markets.
Citizens will be able to buy treasury bonds of the Catalan Government’s debt worth 1,000 euros each at a 4.75% interest rate. In the framework of the electoral campaign, the Opposition denounced that the Catalan Executive has “its drawers empty, without money”. The Catalan Government has denied this and accused the opposition of being irresponsible in order to get votes.
A study presented today by the Catalan Government states that the industrial added value could grow 1.9% each year in a good economic context.
The website is part of an integral plan agreed on between the Roma community’s representatives and the Catalan Government. The museum opens in a moment of debate in France about the Roma people’s integration, which has been brought to Catalonia by the Catalan branch of the Conservative People’s Party (PPC)
Isolated picket actions and violent anti-system protests contradicted the generally calm and respectful spirit of the general strike in Catalonia, which respect minimum services agreed on. Trade unions state that 80% of Catalan workers followed the strike. Small and medium-sized business associations quantified 1.2% of the strike’s success. The Catalan Government quantifies 11% of public employees who did not go to work today.
The Catalan Government will become part of the Spanair’s board after a 10 million euro shareholders increase made possible by the public company Avança.
The Catalan Government hopes that the Mediterranean Corridor, which is planned to unite northern and southern Europe, will pass through Catalonia, along the Mediterranean shore and not through the centre of Spain.
Catalan Minister Marina Geli says that the health industry is “very important”. She presented a report by the Catalan Government that indicates that the Catalan health industry has a Gross Value Added of 9%
The Paris Delegation of the Catalan Government celebrated the National Day, which is on the 11th of September, in an official reception this Tuesday. The event attracted over 300 people from French and Catalan political and social life.
The Catalan Government has passed a decree that sets a minimum requirement for the Catalan language when hiring new university teachers. Visiting lecturers and current teachers are excluded. Universities will have flexibility in certifying the level and will be able to set individual exceptions.