Tourists in Palma, Mallorca
Tourism is naturally a key element of Balearic economic forecasting.
Balearics set to head 2023 economic growth in Spain
Different forecasts point to Balearic economic growth being double that for Spain as a whole.
Record Balearics exports in 2022
The level of exports is said to be due to the "direct impact of tourism activity".
Halving Balearic tourist numbers would result in 40% loss of GDP
Economic diversification "cannot be a pipe dream; we must be realistic".
“Complicated winter” for the Balearics
Experts claim that what has happened in the UK is a warning not to make policy mistakes.
Full economic recovery expected for the Balearics in 2022
Hotel openings in February will mark a start to the tourism season.
Balearics forecast to have second highest regional growth in 2022
A forecast of 8.3% growth for the Balearics in 2022.
Growth in Balearics retail sales way above other regions
Twelve regions registered decreases in sales in July.
The number of businesses in the Balearics grows by 1,500
Something of a recovery, but prospects not so good now.
Balearics household spending fell 13% in 2020
Spending on food went up, but non-essential spending was way down.
Call for Spanish government "salvation plan" for the Balearics
Three points in the plan, one being safety - mass vaccination and vaccine certificates.
Economy
Balearic economy contracted 4.5% in the first quarter
The Confederation of Balearic Business Associations points to there being a "recession scenario".
Majorca
Recoverable leave, reproduction number: the week in Majorca
The crisis was introducing us to new concepts; the Balearic government spoke about a reboot without much boot; and the residents of Son Banya manned the barricades.
Coronavirus
Government developing a "reboot plan" for the Balearics
The government is considering different scenarios for "de-confinement".
Economy
Concerns over Balearic economic slowdown
The opposition PP claims that there are hoteliers who are giving employees holidays during high season.
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Major security alert at Mallorca airport, surprise landing of flights from Morocco and Namibia
- Big changes on the horizon when Britons travel to Mallorca
- Over two hours for Britons to get through Palma airport queues
- Living in a motorhome in Palma: "It'll only get worse"