Expatica news

Catalonia’s financial persecution starts – Fitch issues downgrade

CaixaBankBarcelonaThe pain in Spain falls mainly in Catalonia as the Madrid Government today approved a law to make it easier for companies to relocate their corporate headquarters.

The decree now will be used by CaixaBank, which controls BPI, to approve the transfer of its headquarters from the Catalan capital of Barcelona to Palma de Mallorca, without having to convene the general meeting of shareholders.


© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.