Prices rise 0.9% in Euskadi and inflation remains at 3.1%

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The prices in Euskadi went up nine tenth last October so the increase in the CPI stood at 3.1%, according to the INE. In the whole of Spain, the October CPI experienced a rise of eight tenths, bringing the annual rate registered an increase of 3.5%.

By province, prices rose in October by 1.2% in Alava and 0.9% in both Gipuzkoa and Bizkaia. In the last twelve months, the highest increase was recorded in Bizkaia (3.3%), followed by Gipuzkoa (3.1%) and Alava (2.8%).

On the whole of the CAV the most inflationary in October were clothing and footwear, with a price increase of 12.5% and education, with an increase of 2.5%. Conversely, prices fell on recreation and culture (1.1%), transport (0.7%), housing (0.6%) and hotels, cafes and restaurants (0.2%).

As regards the annual period, prices fell on only in communications (1.7%). The rest of the branches experienced price increases, the most significant being those in housing (6.6%), transport (5.8%) and alcoholic beverages and snuff (5.5%).

Julen Lopetegi

The Basques hurried the last few hours to go to the polls

The 34.17% of Basques decided not to go to the polls. With the data given during the day seemed that abstention significantly exceed of the 2009 elections. But voters decided to go at the last minute. In the Basque polling the percentage of voters was 14.8% compared to 17.1% of the previous regional elections. The Deputy Minister of Interior of the Basque Country, Raul Fernandez de Arroyabe, stated that there could be "multiple reasons" that could explain that lower turnout, among which he mentioned the rain.

The affluence to the polls for the last three hours they opened made possible at the end of the day that the turnout figures were similar to those of other years. The researchs are showing that the public feels increasingly distanced from the political class.

Sofía Pérez

COMPANIES OF GIPUZKOA WILL RECEIVE 35 MILLION EUROS FOR THEIR INTERNAZIONALITATION

SabadellGuipuzcoano savings bank and Adegi (Gipuzkoa’s employers association) credit facilities will give a boost to 19 proyects.

SabadellGuipuzcoano and Adegi have gave 35 million to 19 proyects of internazionalitation of different companies of Gipuzkoa. Both entities renew last september the agreement they signed one year ago. Last’s years agreement was based on the boost and development of Gipuzkoan companies outside the Basque Country.

Last year’s agreement was a good new for the basque companies located in Gipuzkoa. SabadellGuipuzcoano gave to the companies more than 120 million euros, to promote one of the companies key factor in competitivity, said Adegi.

19 proyects have been funded. 17 of them are operations of 33 million on Exporta line and the other 2 on Implanta line, which receive 1.9 million for its commercial or productive implantation in countries like Brazil or Angola. 53 proyects of Gipuzkoan companies received 102 of funding during the first year of the agreement. This was a good new because it was 50% more than the initial forecast.


Erik Rios Salazar

KUTXABANK: THE NEW BASQUE SAVINGS BANK

BBK in Biscay, Kutxa in Gipuzkoa and Vital in Alava board of directors signed two months ago basque savings banks merger. It’s a good new for basque economy, because all the deal of the three savings banks will mix in the new bank, called KutxaBank. This bank will start to operate this month.

The incorporation of the three savings banks will create the fifth savings bank in the ranking. It had 75,091 million euros in assets the last day of 2010. It will have more than 9,000 workers and more than 1,300 offices. The offices will be apart from in the Basque Country, in Madrid, Barcelona and Andalusia. We have to remember that six months ago BBK take over Andalusia’s CajaSur. His principal capital will be around 12.8%, perfect competence to take over more savings banks if it’s necessary.

In the new savings bank, BBK will have the control with a participation around 57%, and 12 chief executives, Kutxa’s participation will be around 32% and 6 chief executives, and to finish, Vital the 11% of the participation with 2 chief executives. BBK’s director will be the director of the new savings bank, and Kutxa and Vital’s directors will get the first and second vice presidency respectively.

The new savings bank will have his registered office in Bilbao, where the economic-finnancial head office will be located. Computing and Human Resources activity will be located in Donostia-San Sebastián, and the institutional trades in Vitoria-Gasteiz. They decided this kind of distribution, to divide the payment of taxes between the three foral funds.

BBK, Kutxa and Vital will keep their legal status, the administration of their charitable work and the trade name on each historical territories. They hope that with the merger the savings bank Kutxabank will multiplicate for three the outcome, from 380 million euros in 2010 to 846 million euros in 2015. Charitable work will increase 133%.


Erik Rios Salazar

The Internacional day of Basque language

1970an, Euskara batua sortu zen, Euskal herrian bizi diren biztanle guztiek elkar ulertzeko.
Esan dezakegu, nahiz eta euskara batua eduki, oraindikan Euskal Herriko herri desberdinetan ez dela erabiltzen euskara batua, ohituragatik, beste euskara batean aritzen direlako.
Lehen debekatuta zegoen euskaraz hitzegitea ikastoletan, baino gaur egun ``bultzatuak´´ sentitzen gera ohitura ez galtzearren. Horretarako atzerritarrei laguntzak ematen diete euskara bultzatua izan dadin, euskal hizkuntz bezela hazi dadila.


In 1970, a common Basque language was created for all the people from the Basque Country to understand each other.
In the towns they use different dialects of Basque even though they have a common one.
Some years ago it was forbidden to talk in Basque, but nowadays in schools they help you to start speaking in Basque. That's why foreign people are learning to speak Basque now.


Maria Carmen, Maria Jose y Borja