As carried out on two other occasions in the last year, the Catalan Government is preparing to release of 3,800 retail bonds to get cash. Financial sources informed ACN about the operation, which has not been confirmed by the Catalan Ministry of...
The President of the Catalan Government Artur Mas announced in Madrid that in 2012, if the People’s Party (PP) or the Socialist Party (PSOE) want CiU’s support to form a new Spanish Government, Catalonia needs more money and greater control...
The Catalan Government sent its austerity and viability plan to the Spanish Ministry of Economy for reviewing yesterday. The plan reduces the public deficit in more than 2 points and sets it at 1.3% for 2011. The finances of the Catalan...
The Catalan bank Banc Sabadell reaches the 8% milestone by issuing 126.4 million new shares, which represent 10% of its capital. The movement is part of the bank’s strategy to strengthen its capital, foreseeing the future stress tests and the...
For the whole of Spain, Autonomous Communities’ public debt represents 10.2% of Spain’s GDP in the 3rd term of 2010. It is the highest it has been since 1990. However, the largest part of the public debt comes from the Spanish Government,...
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...
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...
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...
