Sunday, 5 June 2011

Catalan and Spanish Business Leaders Meet in Sitges

Between June 2 and 4, Cercle d’Economia - now headed by Josep Piqué - held yet another of their annual meetings at the hotel Meliá in Sitges (Garraf) and in spite of the crisis they managed to bring together the business and political elite of Catalonia and Spain.

Among the comments which media has reported from the meeting, we find Artur Mas’ message to PP that CiU will make a new fiscal agreement (concert econòmic) for Catalonia a prerequisite for any future collaboration and PP leader Mariano Rajoy’s reply that he will be prepared to study the matter. The Governor of the Spain’s central bank, Miguel Ángel Fernández Ordóñez, demanded a profound legal and institutional reform of the deficient Spanish labour market and also hinted that the process for establishing the market value of Spains struggling cajas could result in some kind of asset protection for the coming buyers. Economist Joseph Stiglitz, finally, suggested that a controlled restructuring of European public debt would not be “the end of the world”.

- - -
Read more in Spanish - Expansión 1, 2; LaVanguardia 1 - and in English - Wall Street Journal 1.

No comments: