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Transcripts For DW Business - News 20171027

President said he will not be calling a regional snap election forgoing a move that could ease tensions with madrid Many Companies have already moved their headquarters out of spades richest region but not every business wants to leave. A banner on the town hall of sub adele reads freedom for Political Prisoners this catalan city isnt just the stronghold of the regions Independence Movement but also its industrial heartland due to the citys wealth spains fourth largest bank was founded here. Even though the bank has now turned its back on the region most Midsized Companies are staying in catalonia. Take this Supermarket Chain for instance right in the middle of the political crisis its management announced it would be making two hundred Million Euros in investment opening nearly thirty new stores creating one thousand new jobs. They want to know us and were also building a Company Head Office right here in the heart of catalonia we wont move our headquarters anywhere else that will kee

Transcripts For DW Business - News 20171027

President said he will not be calling a regional snap election forgoing a move that could have ease tensions with madrid Many Companies have already moved their headquarters out of spains richest region but not every business wants to leave. A banner in the town hall of somebody else reads freedom for Political Prisoners this catalan city isnt just the stronghold of the regions Independence Movement but also its industrial heartland due to the citys wealth spains fourth largest bank was founded here. Even though the bank has now turned its back on the region most Midsized Companies are staying in catalonia. Take this Supermarket Chain for instance right in the middle of the political crisis its management announced it would be making two hundred Million Euros in investment opening nearly thirty new stores creating one thousand new jobs. They want to know us and were also building a Company Head Office right here in the heart of catalonia we wont move our headquarters anywhere else that

Transcripts For DW Business - News 20171027

A move that could have ease tensions with madrid Many Companies have already moved their headquarters out of spades richest region but not every business wants to leave. A banner on the town hall of sub adele reads freedom for Political Prisoners this catalan city isnt just the stronghold of the regions Independence Movement but also its industrial heartland due to the citys wealth spains fourth largest bank was founded here. Even though the bank has now turned its back on the region most Midsize Companies are staying in catalonia. Take this Supermarket Chain for instance right in the middle of the political crisis its management announced it would be making two hundred Million Euros in investment opening nearly thirty new stores creating one thousand new jobs. They want to know us and were also building a Company Head Office right here in the heart of catalonia we wont move our headquarters anywhere else that will keep the wealth in jobs in our region thats exactly what we want you to

Transcripts For DW Business - News 20171028

Tells us stirring stories so. It makes us laugh oh and cry. Tremble and smile. Magical images and emotions that no one. Can go the magazine to every weekend on d w. Hello and welcome to your Business Update spains political crisis continue to dominate the headlines this week as calls for caution and independence grew louder on friday a drama filled day as the castle and parliament voted to declare independence and madrid responded by dissolving s. And calling Regional Elections all this turmoil has triggered Economic Uncertainty too with investors feeling jittery about the regions future sub adele catalonia second largest city isnt just the stronghold of the regions Independence Movement its also a business hub home to a host of Thriving Industries spains fourth largest bank was founded here banko sapa dell is among a number of corporations that have moved their headquarters away from the region as a result of the crisis that said many Midsize Companies are making a point of staying in

Transcripts For DW Business - News 20171029

A result of the crisis that many Midsize Companies are making a point of staying in catalonia take their Supermarket Chain its management recently announced it would open nearly thirty new stores in the region creating a thousand jobs. A month and i know i put up your ability your Company Head Office right in the heart of catalonia we will move our headquarters anywhere else that will keep well and jobs in our region and thats exactly what we want you to. Some say the reports of a mass corporate exodus are being overblown and point out that major corporations and banks are choosing to change their registrations for tax purposes but keeping plants and jobs in catalonia. Regardless one sector thats already sensing the impact of the political crisis is tourism its an especially important industry in catalonia. Tours of the famous or good are familiar at the heart of barcelonas tourist trail are attracting paltry numbers. Industry professionals are worried such a trend could continue. To m

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