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Established in Palma of Majorca in 1962


Thursday 24 July, 2014 Edition #4403
 

Editorial: The best defence

By Jason Moore

READING between the lines the Mayor of Calvia, Manu Onieva, wasn´t particularly impressed with the President of the Balearic government, Jose Ramon Bauza, calling the infamous strip in Magalluf  “the street of shame.”  Infact Onieva defended the vast majority of the business community in Calle Punta Ballena yesterday but at the same time warned that they would continue with their “zero tolerance” towards noise, bad behaviour and those that broke the law in Punta Ballena.  And what is more the Mayor reminded everyone of the fate of Faliraki,  a Greek resort similar to Magalluf . The authorities there introduced a tough crackdown to clean-up the resort but the business community now wants the return of the hard-drinking British tourists. Now, obviously  the mayor is going to defend his own patch but he doesn´t seem to be singing from the same hymn sheet as Bauza who appeared to be calling for the end of Calle Punta Ballena in its present form in his speech on Tuesday. Onieva also seems to be slightly out of step with some of the big hoteliers who are also calling for a crackdown. So, we are living in interesting times. The saga surrounding Magalluf appears to have  taken yet another twist. Perhaps it might have been better if the President had not used the words “500 metres of shame.” It is what many people outside Magalluf may think but perhaps Bauza could have been a bit more cautious and chosen his words more carefully.

SUMMER TIME IN MAJORCA

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Today´s holiday snap is by Ian Arnott: “Saddest part of any trip to the Island..... ferry back to the peninsula.” Keep sending us your holiday photos for publication in print and online.

Puerto Andratx street on top of the world

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Picture from Puerto Andratx’s Calle Castanyetes, one of the world’s most expensive locations to buy a property.

Palma.—Puerto Andratx’s Calle Castanyetes is amongst the most expensive and exclusive streets  in the world.
Property prices in the Majorcan location can reach up to 27,000 euros per square metre. Last year’s most pricey location by the price of  square metre was Hyde Park in London, according to a  leading German property agency Engel & Volkers ranking published yesterday. Engels and Volkers’ most expensive sale last year was exactly in Hyde Park.
A luxurious attic went for 162 million euros, raising the price per square metre to a staggering 150,000 euros.  The exclusive list also included streets  in Montecarlo Monaco, Sardinia Italy, France’s blue coast, several locations in Switzerland, Paris, Moscow and Austria, with Andratx in eleventh place.
Majorca’s second most expensive location was Deya in the the Tramuntana mountain, with prices reaching up to 16,000 euros per square metre.
Two streets in Madrid and Barcelona also made it to the top 20.

The great Spain airport sell off

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Palma.— Spain’s state-owned AENA has appointed banks Santander, BBVA, Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to run a process in which just under half the company will be privatised, the airport operator said yesterday.
Spain aims to sell up to 49 percent of heavily-indebted AENA, the world’s biggest airports operator, through a placement of up to 21 percent with institutional investors and selling the remainder through an initial public offering.
The government has said the aim of the sale is to make the company more efficient and attract more tourist flights. AENA owns 46 airports at home and also has international interests such as a stake in London’s Luton Airport.
The government is expected to net only about 2.2 billion euros ($2.97 billion) from the sale, given the company’s debt of some 11.5 billion euros, according to calculations by sector experts. This is not enough to make a major dent in Spain’s public deficit.

Winter tourism boost for Palma

Tourism officials confirmed yesterday plans to build five new hotels in Playa de Palma, which will stay open 11 to 12 months per year, hence boosting the tourism trade all year around.
26 existing hotels are also set to undergo refurbishment works, Tourism Councillor, Alvaro Gijon said yesterday.

WOMANSTABBED TODEATHINFELANITX, EX-PARTNERHELD

A 47-year-old Spanish woman was stabbed to death in Felanitx yesterday and last night police were holding her ex-partner.
According to police yesterday the stabbing took place at the man´s home in Felanitx just before noon. The woman lived in a house nearby and the reasons why she had visited the home of her ex-partner are still unclear.
The 47-year-old woman, identified only as I.B.G. was stabbed once in the chest. Her former partner, named only as N.G.C. was being questioned by police in connection with the incident last night.

“I want my money back,” says Bauza

Palma—The President of the Balearic government, Jose Ramon Bauza, echoed Margaret Thatcher´s famous words to the European Union yesterday when he demanded money back from Madrid.
Bauza demanded a better deal for the islands after it was revealed that the islands pay Madrid far more than they get in return. Infact the figure stands at almost 1.483 million euros.
The Balearic President has been under  pressure to resolve the islands´ historic debt with Madrid especially as his government has been forced to make important spending cuts over recent years as a result of the economic slowdown.

Today's weather

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High of 34 and low 20

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