Rather than diversifying, Mallorca's tourism dependence is intensifying
"It is necessary to contain tourism and the real-estate sector."
Record Balearics exports in 2022
The level of exports is said to be due to the "direct impact of tourism activity".
Mallorca must curb tourism growth, say economists
There is a need "to define the island in which citizens want to live and to leave a legacy for future generations".
“Complicated winter” for the Balearics
Experts claim that what has happened in the UK is a warning not to make policy mistakes.
Employers boss - Not true that businesses have been "making a fortune"
President Armengol has called for "historic salary increases".

Market in Mallorca
A special economic regime for the Balearics has never properly been addressed.
Balearic economy: "Slowdown does not mean recession"
The government is highlighting the current situation of "full employment and economic growth".

Bar terrace in Palma, Mallorca
Only a few weeks of the tourism season left.
Balearic economy slowed down in July
Will a combination of the end of the tourism season and inflation have a greater negative impact than expected?
Balearics facing a tough winter because of inflation
A buoyant summer, but in the winter there will be economic slowdown and a "very worrying" situation.
29% of people in the Balearics are needing a loan
The pandemic and now inflation have led to a doubling in the number of loan requests.
Calls for an end to limits on cruise ships in Palma
The traders and restaurateurs have denied that Palma is “saturated”.

Bar terrace in Palma, Mallorca
Inflation driving fears of economic crisis.
Bank warning of deep economic crisis
Risk of increased social inequality in Mallorca and the Balearics.
Inflation dropped in the Balearics in April
The cost of accommodation, restaurant services and tourist packages in the Balearics went up in April.
Spain slashes growth outlook after first-quarter slowdown
Tourism recovery will not enough on its own.

Economy Minister Nadia Calvino.
Economy Minister Nadia Calvino.
Palma's shipyards are running out of space
Nautical industry is the second most important to the Balearics.
Spanish economic growth at fastest in 20 years but misses govt forecast
Gross domestic product grew 5% from a historic 10.8% slump the previous year.
Majorca tourism
Gearing up for summer. Or is it bracing for summer?
Tourism recovery is reigniting a debate that the pandemic most definitely did not sweep away.
Andrew Ede30/04/2022 13:49