Economy
Spanish minister says all EU COVID-19 debt will be repaid
The fund still needs to be agreed by all EU leaders.
Finance
Balearic government will borrow next year to pay its debts
The health ministry will receive the largest amount in the budget - 1,472 million euros.
Finance
Andratx town hall is now debt-free
Andratx becomes the seventh Majorcan municipality to be declared debt-free. Alcudia, Ariany, Campos, Deya, Sant Llorenç and Selva are the others.
Finance
Debt repayments suffocating the Balearic government
The tourist tax alone, were it destined for debt payment, would have to be collected for eight years in order just to pay off current interest.
Finance
Madrid and Palma to meet to discuss Balearic financing
Armengol and the regional finance minister, Catalina Cladera, assured the leader of the El Pi party, Jaume Font, that the government plans to spend in a better way.
Public finances
Government bank debt almost doubled under the PP
The current government is faced with a total debt that is almost 3,000 million euros higher than four years ago.
Economy
Government 860 million euro debt to be repaid in 2016
860 million includes over 200 million euros of interest, though the total figure is subject to possible change.
- 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