Saturday, March 7, 2009

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E) for fiscal 2009. The figure will be paid as provided in the Statute of Catalonia and covers, in part, the community deficit accumulated during 2007.
The amount announced at a press conference in Barcelona by the Minister and the Minister Elena Salgado Joan Saura, has been agreed in the Bilateral Commission between the two governments held this Tuesday. An appointment that has allowed both politicians ensure that this variation is more than meets the third additional provision of the statute on the percentage of investments that the State must allocate to Catalonia.
The 800 million will come, for the most part, the Ministry of Development, 453 of them moving to the improvement of rail and road network of Catalonia.
Otherthe end of the fiscal year that began five months ago, at 1.75 billion dollars (about 1.36 billion euros), the highest since World War II.
• The U.S. economy back by 6.2% in the fourth quarter, much more than advertised ElPais 27
is the worst downturn in 25 years, due to the accumulation of inventories by a sharp drop in sales and the collapse consumption .- The December estimate anticipated a slowdown of 3.8%
The U.S. economy contracted by 6.2% in the fourth quarter of 2008, the worst record in the last 25 years. The data, while not definitive and yet another review next month, well above the first advancement offered by the Department of Commerce, which in late Januaryput the drop at 3.8%. Since then, experts believed that the data, once revised, would be worse and placed the slowdown in GDP at 5.4%. • U.S.
out for the third time to the rescue of Citigroup ELMUNDO 27 multimillion
After two injections to treat unsuccessfully to stabilize Citigroup, the U.S. Government decided today to increase to 36% its stake in the bank, one of the largest in the country and more problems. Shares of bank
fell almost 40% within minutes of the close of the session.
The Government's agreement with Citigroup seeks to bolster weak capital base of financial giant and cause further output of the majority of the entity directory.
The U.S. Treasury has agreed to convertethos to a "stress test" as Citi, if they show they need more capital because of the possibility of a recession worse than expected.
European leaders face protectionist measures against the crisis
The Prime Minister, José Luis Rodríguez Zapatero, has moved this morning to Brussels to attend an informal summit at which heads of State and Government of the Union attempt agree on further measures to tackle the crisis, combating unemployment and revive bank lending.
The summit takes place three weeks before the traditional Spring European Council to be held on 19 and 20 March and was convened at the initiative of France and Germany, countries which want to prevent the crisisgicas reduce jobs. Here there can be no mass layoffs in other sectors, but companies like Microsoft and Yahoo have already cut thousands of jobs and others like Google have stopped hiring.
Although the average price of a house in the region over half a million dollars, prices have started to decline by falling demand and execution on mortgage default rose 186 percent over 2007.
• Hungary calls on the EU 190 000 million for Eastern ELMUNDO a MARS
This semester, with the Czech Republic as rotating president of EU, a grim picture of the wire of the Berlin Wall that separates a map overlay Europe into two blocs adorns the courtyard of the Justus Lipsius, where they congregates actions, and the closure of the activity of consumer loans in the United States under the HFC and Beneficial brands. The bank has announced the destruction of 6,100 jobs in the U.S., where he planned to retreat to the heavy losses of its subsidiary HSBC Finance Corporation.

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