Balearic Government open to a reduction in the working week
But the government stresses the need for caution, as the Balearic economy is "intensive in services".
Menorca footwear company
The lack of qualified personnel affects all sectors of the economy.
Lack of qualified personnel a major problem for the Balearics
There is good economic growth, but a lack of productivity means this isn't reflected in general well-being.
Fears over Balearic economy as growth dips, worries over tourism
Fears that downward trend will continue in third quarter.
2024 will continue to be tough financially for Mallorca families
Pay has nowhere near kept pace with prices, but as the same time there has been too much unnecessary spending.
Tourism season facing new uncertainty from the banking crisis
Increased risk of recession could negatively impact tourism and economic growth forecasts.
Tourism gives the Balearics the highest density of businesses in Spain
Since the turn of the century, the Balearics have typically always had the highest density.
New record budget for the Balearics in 2023
An increase in spending of 15% next year.
Mallorca anxieties despite record September employment
The government is upbeat; the employers far less so.
Low salaries, high cost of living - the Balearics paradox
It all comes down to an economic model in the Balearics that needs to change.
No reductions in income tax in the Balearics
The Balearic government prefers a system of direct aid.
Balearic government ministers with business and union leaders
Meeting of the social dialogue table on Monday.
Balearic government prepares "social shield" for the winter
The main concerns are for the first two quarters of 2023.
Balearic economy: "Slowdown does not mean recession"
The government is highlighting the current situation of "full employment and economic growth".
Balearic economy slowed down in July
Will a combination of the end of the tourism season and inflation have a greater negative impact than expected?
"It is essential that the GDP weight of tourism decreases"
Celestí Alomar was the tourism minister who introduced the ecotax in 2002.
Bank warning of deep economic crisis
Risk of increased social inequality in Mallorca and the Balearics.
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Comment
Why are the people of the Balearics getting poorer?
"In 2000, the per capita income was 22.8% higher than that of a European citizen. Today it is 10% lower."
Andrew Ede13/07/2024 14:45