Balearic Government planning record spending in 2025
Housing and mobility investment plans will be closely scrutinised by parliament.
Spain’s budget rollover could leave Mallorca short of cash
Spain is one of the main recipients of EU recovery funds
Prime Minister Pedro Sanchez.
Prime Minister Pedro Sanchez.
Theme of the Week
The Balearic government is spending almost 100% more than it did ten years ago
The bill for the 2024 budget was in danger of being thrown out, as Vox held out for certain pet demands. One of these was a sum of 20 million euros for the so-called free choice of language in education.
Spending on education in the Balearics is the second lowest in Spain
Spending on education in the Balearics is the second lowest in Spain.
Mayors insist that the Manacor-Arta railway would be a benefit
The Balearic government's budget won't include provision for the railway line.
No money for the tram, no money for the train: the Balearics budget
It is said that state investment contributions for the two transport projects are not guaranteed.
Promise of some tax cuts as Balearic government finalises its budget
The Partido Popular and Vox have settled their differences, meaning that the 2024 budget can now be presented.
Budget for tourism fairs should be for health care instead
Més are reiterating that tourism promotion is not necessary.
New record budget for the Balearics in 2023
An increase in spending of 15% next year.
No money for the tram in the 2022 budget
European funds are being earmarked for the tram.
Record budget for the Balearics in 2022
A spending ceiling of 5,176.64 million euros for the 2022 budget.
Government will not be reducing its taxes in 2022
The government's own taxes include the tourist tax.
Finance
Balearics budget timetable set out to be passed by Christmas
An extra 35 millions euros has been set aside for the Aetib strategic tourism agency.
Politics
Budget to have 14% lower property sales tax revenue
The total budget will be almost 6,000 million, which will represent an enormous increase.
Finance
Balearic spending will rise nine per cent next year
Tourist tax revenue, only a small contributor to the budget, will fall next year.
Tax
No change to tourist tax in 2019
The government isn't planning any changes to taxation next year.
- Britons cash in on the outgoing Golden Visa in Spain to beat the 90 day rule
- After a holiday in Mallorca Richard Gere moves to Spain
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
- Russian-owned Black Pearl in Mallorca
- Noel Gallagher sold his Ibiza home because of his neighbour - James Blunt