Etiqueta 'Recession'
Fears of recession hit Mallorca holidays sales in Britain
Google searches for popular Spanish resorts have plummeted.
Cost of living in Mallorca still one of the highest in Spain.
Cost of living in Mallorca still one of the highest in Spain.
Economy
Balearic economy contracted 4.5% in the first quarter
The Confederation of Balearic Business Associations points to there being a "recession scenario".
Construction
Builders predicting recession because of government policy
“It is illogical to take measures which only succeed in frightening away investors and creating a feeling of legal uncertainty in the Balearics.”
Economy
Balearic spending slumps during severe recession
The drop of 16 per cent in the Balearics was almost twice the national average of 8.6 perc ent. But recovery is underway.
- 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"
Comment
Recession alert issued
The rumour has been rumbling but now it appears to be official, a recession is coming.
Humphrey Carter09/11/2019 09:50