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Spanish Minister for Finance committed to republishing autonomous communities’ “fiscal balances”


The difference between what an autonomous community produces in terms of revenues and what it finally receives, once the Spanish State has redistributed those revenues among all the communities, has only officially been quantified once in history. It was in 2005, following an agreement of Prime Minister Zapatero with the Catalan nationalist forces. Catalonia’s political and business class have called for the systematic publication of the “fiscal balances” several times.

October 20, 2010 06:21 PM

Barcelona’s Chamber of Commerce denounces Spanish Government for not keeping to committed investments


The Spanish Government is investing 2,000 million euros less than what it should according to current binding legislation, stated the President of the Barcelona Chamber of Commerce. The investment in Catalonia stands at 16.8% of the investment for the whole of Spain. 18.6% is the minimum investment fixed in the Catalan Statute of Autonomy, which has also been approved by the Spanish Parliament and is thus a binding law.

October 6, 2010 11:40 PM

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