Economy
Bank properties occupied by squatters
Sareb is reportedly planning to invest around 116 million euros for the development of more than 700 homes in the Balearic Islands over the next 7 years.
News
Queen Letizia criticised over fashion choice
There are only three linen looms in the world and all of them are in Majorca.
Economy
Calvia business owners struggling
Business owners in Calvia say they need urgent aid to keep them afloat.
Economy
No pay rise for Government Officials
The Balearic Government's expenditure for 2020 will amount to 1,687 million euros.
Economy
Economic outlook bleak
AIReF estimates a second quarter fall of 18%-22% year-on-year in Spain.
Economy
Green light for new shopping centre
Afedeco and Pimeco proposed the creation of a large shopping centre in Palma during the last legislature.
Economy
Slump in GDP due to Covid-19
Because of their reliance on tourism, year-on-year production fell by in 10.4% in the Canary Islands and 10.1% in the Balearic Islands.
Tourism
New data shows devastating economic impact of Covid-19
Hotels in the Balearic Islands hosted 313,145 guests in the first half of this year, a whopping 92% less than than in 2019.
Economy
Hotel expansion reduced from 15% to 10%
The modification to the Decree Law is being made at the request of Podemos.
Economy
Entrepeneurs negative about 3rd quarter prospects
The biggest drops in business confidence were in Madrid, Galicia and the Balearic Islands.
Economy
Tax Reforms Inevitable after Covid-19
The Government will raise taxes on big companies rather than smaller ones.
Economy
Bad news for bars and restaurants
New restrictions issued for businesses with terraces on the Paseo Marítimo.
Economy
New protocols for big stores & Shopping Centres
New proposals to safeguard, owners, workers and shoppers when big stores and Shopping Centres open on May 25.
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- Uncertainty surrounds EU Entry/Exit System implementation
- Fresh hope for Golden Visa in Spain
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- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”