Exports grow while commercial deficit rises
In Catalonia, there has been an annual growth in exports of 19.12% while the commercial deficit also rose by 39.22%.
In Catalonia, there has been an annual growth in exports of 19.12% while the commercial deficit also rose by 39.22%.
The country registers its highest inflation since 2008 and the highest monthly-rise of prices in all Spain, according to the data published by the Institute of Statistics
As a result of the economic crisis, 56% of young people in Catalonia can be considered Neet
In June, up to 1,264 new businesses were started in Catalonia, according to official figures published by the Spanish Institute of Statistics
?There is a good trend towards recovery in Catalonia in the second half of the year,? states Antoni Castells, Minister of Economy and Finance
Businesses from Catalonia and Quebec are starting to form partnerships in the fields of aerospace, consulting, and biotechnology. ?Quebec is an opportunity for Catalan companies to enter into the American market?, said Françoise Bertrand.
The Catalan Agency for Competitiveness and Foreign Trade (ACCIÓ) organizes an event in London to promote business dynamism and an innovative environment of the country.
Catalonia will be the first European region to implement the Small Business Act 2010-2013, a common strategy to strengthen small and medium-sized companies. These businesses are at the core of the European economy and therefore are a key asset
Corporatejets currently operates charter flights at 3,300 euros an hour, but it is looking to expand its market. The company hopes to begin transoceanic flights for local businesses and executives.
A study from Barcelona?s Chamber of Commerce has detected 11,000 companies that could export their products and services but have not done so yet. In addition, 8,000 companies already do it but are not in a consolidated position.
The Catalan GDP is expected to fall 0.3% in 2010 but grow 0.9% in 2011, according to a study from the savings bank Caixa de Catalunya, Tarragona i Manresa. Exportation, especially in the industry sector, will be the key factor behind the recovery.
The number of companies with losses in the Spanish state grew during the second year of the recession, according to the Spanish Business and Treasury Association (Asset).
The number of travellers at the Barcelona airport grew by 2.2% during the first semester of 2010, registering more than 13 million passengers despite the volcanic ash crisis.
Three Catalan saving banks have merged into a single lender that will close up to 395 branches around Spain. The result of the merger is still without a name.
The two largest Abertis shareholders study the possibility of a leveraged buy-out through the investing firm CVC. The operation is worthy 25 billion euros, according to the Financial Times. La Caixa and ACS own 55% of Abertis.