By Humphrey Carter

THE Balearics will receive 421 million euros of government funding next year and a total of 2'800 million over the next seven years.
Central government's budget for the Balearics was unveiled by the Balearic Minister for Finance, Carles Manera and the general Budget for 2009 will be officially presented by Spanish Minister for Finance, Pedro Solbes, this morning.

Per capita, the funding continues to be below the national average but Manera said yesterday that state funding in the Balearics has risen by 80 percent over the past two years and that Madrid is committed to continuing to increase the amount of state financial aid the region receives.