Barcelona city council is planning to hand over the management of the Tibidabo theme park to a private company, although it will retain ownership (read article in Catalan here, El Punt Avui). This is a proposal that Convergència i Unió had put forward while it was in opposition at the council and now that it has taken the reins at city hall, it is moving forward with the plan.The management of Tibidabo is currently in the hands of a company called Patsa, which is 100 percent owned by the Ajuntament. The first deputy mayor, Joaquim Forn, was at pains to point out that the council won't give up ownership of the park, which will thus continue to be a public asset. As such, Tibidabo will be under a private-public arrangement, which the CiU-led council is keen to progressively introduce in other areas of existing public services and installations. “We are convinced that if there are companies that are dedicated to the management of these installations, they are the best ones to do this job, rather than the council," said Forn.
Spanish debt premiums reached a new record high this morning as market uncertainty over the US and European debt situations continued (read article in Castilian here, El Periodico). Minutes before the stock market opened, the Spanish debt premium was at 407 points, having passed the 400-point barrier yesterday for the first time since the creation of the Euro. Losses on international financial markets and the negative situation affecting the national debt saw the Spanish stock market record another fall yesterday, for the eighth consecutive day; it fell by 2.1 percent bringing it to 9,100 points, its lowest level so far this year and indeed the lowest since July last year. Already this morning, the Ibex 35 has registered a further fall of 0.9 percent within the first 10 minutes of trading, a trend seen across European markets, including Milan, London and Paris, while the Japanese Nikkei closed with a fall of 2.11 percent. As a result of the rise in debt premiums, the yield on Spanish 10-year bonds (to encourage investors to buy them instead of the German equivalent) is now 6.410 percent, compared to 6.282 percent yesterday, while German bond yields actually fell this morning from 2.416 percent to 2.347 percent.
A 19-year-old man was killed by a night bus in the early hours of this morning on Avinguda Diagonal with the street González Tablas (read article in Castilian here, La Vanguardia). The accident took place at 2.19 and the young man was in a group of 14 people travelling in an N12 bus from Esplugues de Llobregat to Sant Feliu. During the journey, members of the group continually insulted the driver and other passengers on the bus, and in the end the driver made them get off at one of the stops on the bus's route. However, as they were getting off the bus, the man got caught in its doors and fell below the vehicle; the bus moved off, travelling some metres with the man underneath it, which was the cause of death. Emergency services that attended the scene were unable to do anything to save his life. Police investigating the incident are waiting to view images from security cameras to clarify exactly what happened. The family of the victim have said that they intend to bring a formal complaint about the killing.