There is a certain buzz around Majorca this festive period. It is buzz of joy and spending. I think this Christmas will see the islands finally leaving behind the recession and consumers regaining their confidence once again after the cruel and horrible financial meltdown of seven years ago. While Spain left recession some time ago, consumers were still not ready to spend. The memories of the recession were still too clear and close. Thousands of people lost their homes and thousands more lost their jobs when Spain was rocked by its biggest economic slowdown almost in history. But it was a pleasure to walk around Palma on Sunday; the shops were open, people were out and the city centre looked superb. I would say that the retail sector must be on course for one of its best festive periods for many years.
Economic joy
Palma13/12/2017 00:00
4 comments
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If you honestly think Spain is over its economic woes your grasp of financial matters is even lower than I thought it to be.
You should get out more Jason , or at least look further than your island . I was at Prague city centre for the turning on of the Christmas lights , now that was spectacular , have a look at how they do their Christmas Markets , compared to Palma, which by the way is not the here all and end all of Majorca , the rest of the island does have people living there you know , and the markets , same old , same old, over priced , discontinued stock, with a smell of age to it . Food still being sold at tourist prices , no I think with Brexit looming , we will be leaving the island , for somewhere that they charge the same regardless where you are from and the local population are happy that you there , somewhere that has more culture , that is central and does not need a flight to get anywhere or 8 hours by boat (2 dogs in tow) , somewhere you can drink water from the taps , somewhere they have high animal welfare and do not chain dogs up , yes I could go on, but looking at what missing, empty beaches in winter and overcrowd in summer , no we have moved to Prague, because it ticks the boxes and the fall was beautiful ..........enough said
30 % ?
Good for Palma make the most of it as Barcelo has eliminated half the high spenders for next years season with his rentals legistration