New step to retain the Mobile World Congress (MWC) in Barcelona. The fund has been reduced to €8 million annually until 2030, as previously promised. from the MWC until 2030 and with the intention of permanence. Until now, the financial contribution from each of the sponsoring entities was €5 million per year, a figure set in 2012. It was agreed to increase this figure to €8 million per year starting in 2025. The MWC, held in Barcelona since 2006, is very important for the economy and job creation in Barcelona and Catalonia, "in addition to placing the city and the country at the forefront of advanced digital technologies," according to the executive.