12/03/2013 00:00
To the Balearic economy which is back in recession. The lack of winter tourism brought about by the shortage of flights has taken its toll again on the local economy which is suffering once again. Exports have also fallen and unemployment is close to the 100'000 mark. The Balearic government has plenty to do although economists are saying that the cuts which have been introduced have not gone far enough. Let us hope that a good summer season lies ahead.
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