Business associations criticise Madrid’s report for a lack of accuracy

StatisticsBusiness associations criticise Madrid’s report for a lack of accuracy while stating that 1,060 companies left Catalonia.

On Tuesday Catalonia’s main SME association PIMEC and the Catalan Business Circle (CCN) have criticised the regional Government of Madrid for issuing a report that was not sufficiently backed-up by economic data, they argued.

PIMEC and CCN have accused Madrid’s Finance Minister, Enrique Osorio who presented the report on Monday, of offering a politically-biased version when he said that companies left Catalonia also because of the self-determination debate. PIMEC and CCN stated they do not have data supporting Madrid’s statement. PIMEC’s President, Josep Gonzàlez, considered the statements made by Osorio “lamentable” and asked him for “seriousness” and “a cold analysis” of the figures. The two Catalan business associations have data that proves that foreign investment has not been reduced in the last few months.

In addition, CCN’s Secretary General, Joan Canadell, accused the Spanish Government of building a “Greater Madrid” as an economic centre, at the expense of other areas such as Catalonia. PIMEC emphasised Catalonia’s industrial tradition, its infrastructures and the internationalisation of its economy, while comparing it to Madrid’s economy. However, González admitted that in Catalonia “we have higher taxation levels than those we would like”.

Read @ ACN

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