recovery

Organisations claim to open mass graves to identify 4,700 missing, 80 years after Spanish Civil War

July 18, 2016 12:52 PM | ACN

The location and identity of 4,700 disappeared during Spanish Civil War remains unknown, 80 years after the conflict broke out. In order to recover historic memory and prevent these facts and its consequences from being forgotten or neglected, many organisations have claimed to reopen mass graves and cancel the martial courts applied to many citizens who were against Franco's dictatorship. "Spain continues to be the second country in the world, after Cambodia, with the higher number of people who underwent enforced disappearance and whose mortal remains have never been recovered nor identified", stated ‘Judges for Democracy' spokeswoman, Begoña López. 

Catalan exports for first half of 2015 break all records, reaching €32 billion

August 18, 2015 08:59 PM | ACN

Catalan companies sold abroad some €31,899.9 million worth of goods and services between January and June this year, which represents a 7.16% increase on the figures from the first six months of 2014, according to information released on Tuesday by the Spanish Ministry for the Economy and Competitiveness. Catalan exports have never before reached such a high sales volume for a six-month period. Not only this, the level of international sales registered during June alone also broke all previous records for this month, coming in at €5,662.1 million. Indeed, almost month after month Catalonia's export records were broken during the first half of this year and the Catalan economy has seen exports rocket during the last 3 years. In Spain as a whole, international sales have also broken all previous records in the first half of 2015, reaching 125,122.9 million, a 4.9% growth on figures from the first 6 months of 2014. Thus, the Catalan economy generated 25.49% of Spain's total exports, while representing 19% of its GDP and 16% of its population.

Economic growth in Catalonia slows to a 0.9% quarterly increase in June

August 6, 2015 09:48 PM | ACN

The Catalan GDP increased by 0.9% between April and June this year, which is a positive figure but slightly lower than the 1.1% rate registered during the first quarter. However, in annual terms, the Catalan economy grew by 3% in the year to June, which is more than the 2.6% annual growth registered in March. Such a high level of annual growth had not been registered since September 2007, before the financial crisis started. According to the Catalan Finance Ministry, the minor fall off in growth registered between April and June compared to the growth rate from January to March is due to the "extraordinary" 1.1% growth rate of the first quarter. The Ministry stressed that 0.9% growth is still a very positive rate and does not break the trend of the economic recovery, on the contrary proving its strength.

Housing sales in Catalonia grew by 8% in June, accumulating 9 consecutive months of growth

August 6, 2015 09:40 PM | ACN

Real estate continues its positive trend and is gradually leaving behind the crisis the sector went through between 2008 and 2014. Housing sales have grown in Catalonia for the 9th consecutive month in annual terms. This week, the Spanish Statistics Institute (INE) released the sales figures for the month of June 2015 and they show an 8.15% growth in Catalonia compared to June last year. It is the best figure for the month of June since 2010. Previously-owned properties are leading the market by a clear margin, with only 15% of sales being new builds. In Spain as a whole, housing sales have already seen 10 consecutive months of growth. In June, they increased by 17% on last year’s figures, with 78.3% of the properties sold having been previously owned.

Unemployment in Catalonia dropped by 11.7% in annual terms in July, and by 8.5% in Spain

August 4, 2015 04:34 PM | ACN

Registered unemployment decreased in Catalonia by 9,162 people in July compared to the previous month, the third-biggest drop for the month of July since 1996. The total number of people registered as unemployed with Catalonia’s Public Employment Service (SOC) at the end of the month was 501,785 individuals, which represents an 11.69% drop in annual terms, the highest percentage decrease since April 2000 (when registered unemployment dropped 11.94% compared to 1999 figures). In addition, the figures from July mean that there have now been 25 consecutive months of annual drops in the number of unemployed in Catalonia. As well as this, the total number of Catalans without a job and looking for one at the end of last month was the lowest  since July 2009 (when there were 495,911 jobless people). In Spain as a whole, registered unemployment decreased by 74,028 people from June to July, which represents an 8.45% annual drop and is Spain’s most significant decrease for the month of July since 1998.

Rajoy "to fight the battle of defending the many millions of citizens who feel Catalan, Spanish and European"

July 31, 2015 10:20 PM | ACN

The Spanish Prime Minister, Mariano Rajoy, has stated that Catalonia's upcoming elections are Spain's "main risk" to the State itself and to the country’s economic recovery. Rajoy read a speech before the press before departing for his summer break, and Catalonia's independence was one of the main issues he talked about. The Spanish PM stressed that the government he heads "will never allow secession to happen"; "by no means will there be independence", he emphasised. He also stressed that the Spanish Government is ready "to fight the battle of defending the many millions of citizens who feel Catalan, Spanish and European". Rajoy said he is satisfied with the strategy he has been employing during the last few years, based on a total rejection of even talking about the organisation of a mutually-agreed vote like the one that took place in Scotland. According to him, his approach was "cautious and proportional". "We have not made any concession", he added, "nothing". According to him, any Spanish PM would have acted in the same way, as "it is not easy to hold a dialogue with somebody who wants to organise a referendum".

Economy of Catalonia grew 3.5% in annual terms in June, above 3.1% Spanish average

July 30, 2015 06:06 PM | ACN

Catalonia's GDP increased by 3.5% between June 2014 and June 2015 and was the Autonomous Community with the third-highest level of economic growth, leading Spain's economic recovery.  Spain as a whole grew at a 3.1% annual rate in the same period, according to figures released on Thursday by the Spanish Independent Fiscal Authority (Airef). Ahead of Catalonia in terms of GDP growth are the Balearic Islands – with 4% growth – and the Valencian Country (also called Valencian Community) – with growth of 3.9%. They are followed by Catalonia (3.5%), the Canary Islands (3.4%) and the Madrid region (3.2%). According to these figures, the eastern part of Spain has been the most dynamic during the last few months, and Catalonia, which is the wealthiest Autonomous Community and has one of the highest growth rates, is the region contributing the most in absolute terms.

Barcelona Chamber of Commerce worried about economic situation after Catalan elections

July 29, 2015 10:10 PM | ACN

The President of Barcelona's Chamber of Commerce Miquel Valls has recognised that there is "an important concern" among many business owners about Catalonia's self-determination process and the economic consequences resulting from the forthcoming Catalan Parliament elections, scheduled for 27 September and which will be transformed into a 'de facto' plebiscite on independence. A few months ago, Valls presented a report from the Chamber of Commerce stating that the self-determination process of the last few years had not affected the economy, as exports, tourism and direct foreign investment were growing at a higher rate in Catalonia than in the rest of Spain. However, as the 'de facto' plebiscite approaches and the political landscape becomes more uncertain due to the independence road map and threats from Spanish institutions, business owners are increasingly worried. In this vein, Valls urged the political parties to detail their economic proposals for after the September elections.