Economy
Spain's Industry Minister says there is "hope" about Nissan Barcelona closure
There is Hope About Nissan Barcelona Closure
Economy
Spain says EU recovery fund debt is not charity
The COVID-19 pandemic is not charity, Spanish Foreign Minister Arancha Gonzalez said ahead of a crucial summit on the issue July 17-18.
Economy
Spain's Calvino says one euro zone minister did not keep his word in vote
The Eurogroup of euro zone finance ministers on Thursday elected Irish Finance Minister Paschal Donohoe as its new chair after two rounds of votes.
Economy
End of lockdown fails to boost jobs market in Spain
The end of the coronavirus lockdown in Spain failed to bring a surge in employment as government data showed.
Economy
Palma Small Business Owners Suffering
Small and medium sized businesses in Palma are struggling to make ends meet.
Employers publish photos of Palma shops closing early and with 'closed' and 'transfer of ownership' signs to highlight drop in trade.
Employers publish photos of Palma shops closing early and with 'closed' and 'transfer of ownership' signs to highlight drop in trade.
Brexit
Balearic summit called to analyse the effects of the Brexit
The Balearic government has called an urgent meeting of the Tourism Advisory Board this week to discuss and analyse the possible consequences that Britain leaving the European Union will have on the tourist industry, the local economy and jobs.
Joint bid for Palacio hotel and congress centre
The rental of both is to be included in the same bidding process.
EU referendum
Leading finance school says Brexit would be bad for Spain
Brexit would be "bad" and "clearly negative" for Europe and for the UK itself, while it would also be "pretty bad" for Spain in economic terms.
Economy
Spain plans crackdown on regions to shrink deficit
Overspending by Spain’s 17 autonomous regions was the main risk to the country’s overall deficit targets.
Economy
Employers’ confederation forecasts increased growth in 2016
Carmen Planas added, though, that recovery is still vulnerable and that the economy may well slow in the second half of the year.
Employment
Government and business agree on plan for quality employment
The agreement for a pact on competitiveness, employment and social progress for the Balearics was signed today at the presidential headquarters, the Consolat de Mar.
Cycling
Majorca facing the biggest cycling tourism “boom” ever
This year's growth in the number of cycling tourists will be between 15 and 20%.
Economy
Palma has the fourth highest cost of living in Spain
It is rated as being 14.5% above the national average, with the most expensive city being Barcelona (30.2% above the average). In between come San Sebastian (27.9%) and Madrid (22.7%).
Economy
Balearic President: Keep up the good work to ensure growth
Armengol said that now was the time to invest in the islands because of the good economic conditions and low interest rates.
Business
Chamber of Commerce and government working together on business creation
Trade and industry minister Negueruela noted that there was co-operation in creating a legal framework for developing policies that encourage the business sector.
Business
Boom year for trade thanks to tourist invasion
Demand for the likes of food and drink is approximated to be worth 1,500 million euros, which will be a rise of 300 million over last year.
Employment
Year starts with a fall in Balearic unemployment
The number unemployed in January was over 1% lower than in December, with 811 leaving the unemployment register.
Economy
Tax revenues in 2015 highest since crisis started
Catalina Cladera said the increased revenue was an indicator of a generally improved economic climate.
- What a carry on! European Union abandons full launch of new travel entry system for Britons in favour of "phased rollout"
- Uncertainty surrounds EU Entry/Exit System implementation
- Fresh hope for Golden Visa in Spain
- Living in Palma Airport - Safe and warm
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
Comment
Economic blues
“It is quite amazing that the local economy is struggling at the moment.”
Jason Moore22/08/2019 08:01