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The world’s top cell phone trade fair will attract 55.000 people to Barcelona

CNA / Alex Recolons / Jordi Pueyo

The Mobile World Congress will be held in the Catalan capital for the seventh time. It will take place between 14th and 17th of February and will bring have an economic impact of 200 million euros on the city. Visitors are predicted to occupy 30,000 hotel rooms, 25% higher than last year. However, Barcelona could lose the Mobile World Congress’ organisation contract as the current one ends and other cities put forward their candidature.

January 13, 2011 01:27 PM

Spanish Government rejects proposals to protect mortgage holders who cannot pay their debt

CNA / Roger Pi

The Spanish Vice President for Economy Elena Salgado refused the idea proposed by three Catalan parties to allow mortgage holders end their debt by returning their house to the bank. This measure already exists in the US and other countries. In Spain, a country with a high unemployment rate, many people are not able to afford to pay their mortgage. However, at the moment, debt does not disappear when banks execute mortgages and take away the house. Salgado wants to keep the current system in order not to harm the banks and thus the recovery, but at a high social price.

January 11, 2011 10:43 PM

Read the latest updates and breaking news on business and economic matters from Barcelona and Catalonia here. Keep up to date with how the Catalan economy is performing, inflation levels, employment and unemployment, major business mergers, important company announcements, and the latest on Catalonia’s biggest enterprises such as Vueling, Wallbox, Grifols, Mango, and plenty of start-ups and international firms based here too.