Etiqueta 'Recession'
Rough summer for the Balearic nautical sector
The Balearics remains as the leading region in the national marine market.
Fears of recession hit Mallorca holidays sales in Britain
Google searches for popular Spanish resorts have plummeted.
Cost of living in Mallorca still one of the highest in Spain.
Cost of living in Mallorca still one of the highest in Spain.
Economy
Balearic economy contracted 4.5% in the first quarter
The Confederation of Balearic Business Associations points to there being a "recession scenario".
Construction
Builders predicting recession because of government policy
“It is illogical to take measures which only succeed in frightening away investors and creating a feeling of legal uncertainty in the Balearics.”
Economy
Balearic spending slumps during severe recession
The drop of 16 per cent in the Balearics was almost twice the national average of 8.6 perc ent. But recovery is underway.
- 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...”
- The 90 day rule does have some positive results in Spain!
- German low-season tourism in Mallorca set for a new record
Comment
Recession alert issued
The rumour has been rumbling but now it appears to be official, a recession is coming.
Humphrey Carter09/11/2019 09:50