Baleares

Sales of tobacco products fell by 7% in 2020, which represents 800 million euros less turnover, according to data from the Tobacco Board. 77% of the sale price to the public of these products is tax burden, taxes. Due, tax collection has…
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The tourism sector confirms its worst forecasts for the year that has just closed, with a loss in billing of more than 106,000 million euros (a drop of almost 70% compared to 2019) and already It is no longer the engine of the economy, as…
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He strong weight of trade and low technological intensity of the industry of the Valencian Community limit the response of the region's economy to Covid-19, according to the latest report of the Observatory on Government, Strategy and…
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Restauración-CAEB has today denounced the "discrimination" that it feels its sector is subjected to and, in order to avoid comparative grievances with other sectors, has called for a general cessation of all activity from six o'clock, as is…
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That the effects of the pandemic had hit tourism more intensely was a well-known reality in the sector, paralyzed for most of the year by mobility restrictions imposed on practically the entire world. But Exceltur, the association that…
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The reopening of the borders in summer had very moderate effects in the Balearic Islands compared to the rest of the autonomous communities. The archipelago came out the third quarter of the year being the fourth community by the tail in…
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The Savings Banks Foundation (Funcas) foresees that the island regions of Balearic and Canary Islands, the Community of Madrid and Catalonia be the autonomies with biggest drop in GDP in 2020, thus becoming the most affected by the economic…
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The Barcelo Group has just sold the historic Formentor hotel, on the island of Mallorca, to the Andorran fund Emin Capital for 165 million euros, in what is the biggest sale of the year for a hotel in Spain. The group co-chaired by Simón…
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The collapse of tourism derived from the pandemic has caused a drop in cigarette sales related to the sector of 40%. That is in areas closely linked to tourist activity and which this summer have suffered a drop in visitor arrivals Foreign…
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The Balearic Islands' economy contracted by 30.1% in the third quarter, according to the 'Economic Evolution' report by the Confederation of Business Associations of the Balearic Islands (CAEB). The CAEB study, which was published this…
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