austerity plan

Spain’s new Minister for the Economy “feels sympathetic” for the Catalan Government’s “austerity efforts”

January 2, 2012 10:29 PM | CNA

In a radio interview, Luis de Guindos, said he is supportive of the budget austerity measures put in place by the Catalan Government over the last 12 months. In addition, the new Spanish Minister for the Economy stated that the drug prescription fee proposed by the Catalan Government is Catalonia’s responsibility, contrary to that said by the previous Spanish Government. In addition, the Catalan Health Minister explained that the drug prescription fee would include exceptions “basically” based on personal “economic reasons”.

The Catalan Government budget for 2012 fulfils the 1.3% deficit objective by increasing taxes, selling assets and reducing public sector salaries

December 20, 2011 10:54 PM | CNA / Gaspar Pericay Coll

The Catalan Government will reduce department expenditure by 3.8%, public sector prices will increase and real estate assets will be sold. In addition, a symbolic tourist tax and a universal fee for each drug prescription will be introduced. The Catalan Finance Minister, Andreu Mas-Colell, insisted that next year’s budget continues with the two-year adjustment plan, which has been designed to reach a 1.3% deficit objective in 2012. Basic welfare services and security and judicial policies are the areas least affected by the reductions. In the next few weeks, parliamentary negotiations will take place to approve the final budget.

MEPs from Catalonia request the European Commission to supervise the Catalan Government’s budget to stress transparency

December 20, 2011 07:43 PM | CNA

In order to foster transparency, almost all the Catalan Members of the European Parliament have asked the European Commission to supervise the Catalan Government's budget, and other “regions of systemic importance”. Catalonia’s GDP is as big as that of Finland and Portugal. MEPs from CiU, ERC, ICV, and the PP believe that this procedure will prove Catalonia’s reliability and rigour, and will subsequently have a positive effect on the international financial markets. The PSC is looking at possibly joining the initiative.

The Catalan public television and radio broadcaster will have its budget drastically cut

November 25, 2011 09:30 PM | CNA / Gaspar Pericay Coll

In a meeting at the Parliament of Catalonia, the Catalan Government has announced that it will reduce its budget contribution to the Catalan public television and radio broadcaster (CCRTV) by 13.3%. As a consequence, the entire CCRTV budget will drop and two of the six digital TV channels will be closed. However, the Government’s Spokesperson, Francesc Homs, in charge of public media, said no staff would be laid off.

The Catalan Government details the austerity measures for 2012 while Madrid questions the pharmaceutical fee

November 24, 2011 10:58 PM | CNA / Gaspar Pericay Coll

On Tuesday, the Catalan President announced a series of measures that will be included in the 2012 budget in order to meet the 1.3% deficit objective. The Catalan Finance Minister said that the fall in public spending will be smaller than that of this year. Ministers from the Catalan Government have been providing more details about the measures. The so-called “moderating ticket” to reduce the Catalan public healthcare system’s pharmaceutical bill has been questioned by the Spanish Government, as Barcelona “does not have the powers to do so”, despite managing the public healthcare system in Catalonia.

The Catalan President announces a tax increase in 2012 and a reduction of public sector salaries to meet the deficit objective

November 22, 2011 11:59 PM | Patricia Mateos / Rafa Garrido / Gaspar Pericay Coll

Artur Mas, the President of the Catalan Government, has announced the main austerity measures to reduce Catalonia’s public deficit and meet the 1.3% objective for 2012. Mas stressed that these measures are to be taken in order to reduce the deficit and not harm social policies. The Catalan People’s Party was satisfied with the plans, while the Left-Wing parties warned that they would harm the middle classes. The Catalan President also sent a warning to the next Spanish Prime Minister: a new “fiscal agreement” for Catalonia might be “one of the few opportunities left” to rebuild relations with the rest of Spain.

European Council President Van Rompuy meets with the Catalan President Artur Mas

June 7, 2011 12:36 AM | CNA / Albert Segura / Gaspar Pericay Coll

The President of the Catalan Government detailed his plan to Herman Van Rompuy to balance the Catalan budget and reduce the public deficit. Artur Mas stressed the importance of the Mediterranean Railway Corridor for the European economy and he also outlined the benefits of an effective Union for the Mediterranean, in this moment in particular. Mas was joined by Josep Antoni Duran i Lleida, his electoral ally and leader of the Catalan Christian Democrats. They also met with Competition’s Commissioner, Joaquín Almunia.

The Catalan Government feels “greatly backed” and will approve its budget for 2011 on May 31st

May 25, 2011 12:32 AM | CNA / Patricia Mateos / Gaspar Pericay Coll

The good results at the municipal elections give the Centre-Right Catalan Nationalist Coalition ‘Convergència i Unió’ (CiU), running the Government, the support of citizens to carry on with the austerity measures and its plan to reduce public expenditure by 10%. After the Government’s approval, the budget will be discussed at the Catalan Parliament and approved by the end of July. CiU does not want to mix budget negotiations at the Parliament with local agreements after the municipal elections.