Etiqueta 'Balearic finances'
Record fall in Balearic debt
Debt is a hot topic, as the Balearics have rejected a Spanish Government proposal to wipe off some of the debt owed to it.
Tax cuts in the Balearics but the government is still rolling in tax revenue
Reducing certain taxes brings about an increase in others because people have more money.
200 people benefit most from Balearic inheritance tax reform
Inheritance tax was guaranteed revenue for the government regardless of the economic situation.
What the Balearics pay to other Spanish regions - 276 million euros
Record financing for the Balearics in 2024, but the system continues to place the islands at a disadvantage.
Balearic government's 2020 budget gap exceeded 500 million euros
The gap was, however, covered by state/EU funds.
Delivery of protective equipment from China in Mallorca
The purchase of protective equipment was an exceptional expenditure in 2020.
Ten years for the Balearic government to recover costs of the pandemic
The government's budgetary problems are likely to be greater in 2022 than in 2021.
- Spain pushes ahead with 100 percent sales tax on home buys by non-resident Britons and Americans
- British company at Palma Airport again under fire for worker practices
- Spain considers new 21% VAT on short-term tourist rentals, double the hotel rate
- Longer than a football field, one of the biggest super-yachts ever built and she is anchored in Andratx!
- British stars gather at Branson hotel in Mallorca, Jamie Oliver does the cooking