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.
- What a carry on! European Union abandons full launch of new travel entry system for Britons in favour of "phased rollout"
- Uncertainty surrounds EU Entry/Exit System implementation
- Fresh move to scrap new tourist registration scheme in Spain
- Living in Palma Airport - Safe and warm
- Traveller registration system: If Mallorca's demands are not met, the Spanish Government will be taken to court
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