OPPOSITION CLAIMS MADRID HAS SLASHED LOCAL INVESTMENT FOR NEXT YEAR

PALMA
THE opposition Partido Popular yesterday claimed that the Balearics faces a serious shortfall in public funding next year after central government has slashed its funding for the region by more than half.

Madrid presented its 2010 budget this week and, according to the PP, the Balearics will receive the equivalent of 202 euros per capita - more than half the national average of 504 euros. PP congress woman Maria Salom said yesterday that the Balearics has been allocated the lowest amount of public funding in Spain for 2010.