Economy
The city's reputation is largely still that of a depressed suburb, drawing on its proletarian origins and its reliance on Barcelona. However, its economy has improved recently, as can be seen from the city's new skyline and relocation of companies to the city's new financial centre. Urban regeneration and construction have taken place during the 2000s, as well as ongoing work on improving public transportation in the second municipality of the Barcelona metropolitan area. The airline Spanair's headquarters are located in L'Hospitalet. Former major Celestino Corbacho has campaigned to improve the city's infrastructures from his position in the Ministry of Work.
Read more about this topic: L'Hospitalet De Llobregat
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)