Inflation dropped in the Balearics in April
The cost of accommodation, restaurant services and tourist packages in the Balearics went up in April.
Spain slashes growth outlook after first-quarter slowdown
Tourism recovery will not enough on its own.
Economy Minister Nadia Calvino.
Economy Minister Nadia Calvino.
Palma's shipyards are running out of space
Nautical industry is the second most important to the Balearics.
Spanish economic growth at fastest in 20 years but misses govt forecast
Gross domestic product grew 5% from a historic 10.8% slump the previous year.
Companies Struggle with Sick Leave
The situation is critical and especially affects small and medium enterprises of the Islands.
Balearic economy growing, but there is "high uncertainty"
Employers association hopeful that the latest wave of the virus will have less impact on the economy than previous ones.
Balearic salaries way below national average!
The average monthly salary in the Balearic Islands has increased from 1,747 euros gross in 2015 to 1,822 in 2020.
Black Friday is just one week away!
"If products are ordered in advance, there shouldn’t be any problems..”
Government expecting an extra €7 million in traffic fines in 2022
The budget for municipal institutes and agencies amounts to 52.65 million euros.
Record budgets to be approved for 2022
The extra 500 million euros will come from three sources.
Halloween the most important holiday since Christmas 2019
More than 2.5 million people nationwide are expected to celebrate Halloween this year.
Top shops go as Palma changes
More and more 'For Rent' signs are appearing in Avinguda de Jaume III and Carrer del Sindicat every day.
Spain urges Brussels to ink Iberia-Air Europa merger
"If the purchase does not go ahead, the traffic distribution centres in which KLM, Air France, Lufthansa and Ryanair operate will benefit to the detriment of Spanish companies.."
Prices soaring in the Balearic Islands
In September, the cost of food rose by 1.9% and non-alcoholic beverages went up by 5.7%.
Balearic President lowest paid regional leader in Spain
President Armengol receives an annual salary of just under 70,000 euros.
Balearic President says employees should get a wage rise!
“The coronavirus crisis generated enormous inequalities that the socialists will have to face." .."
Rising inflation is bad news for savers in Mallorca
“The consequences of inflation for citizens are brutal..”
Balearic Consumer Price Index up 3.4% in August
The accumulated increase is 2.5%, with a 14.2% decrease in clothing and footwear and increases of 8.4% in housing and 7.3% in transportation.
Majorca tourism
Gearing up for summer. Or is it bracing for summer?
Tourism recovery is reigniting a debate that the pandemic most definitely did not sweep away.
Andrew Ede30/04/2022 13:49