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Economy from Mallorca, Menorca, Ibiza & Formentera

Prices, wages, housing and the numbers behind island life.

Economy28 Jun 2026

Spain heads for another tourism record as islands cut summer prices

Package prices for a week in Mallorca in August are down around 22%, while British bookings rise and the Middle East conflict reshapes travel.

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Economy27 Jun 2026

Spain's food industry speeds up its switch to renewable energy

Rooftop solar, biogas from waste and electrified processes are helping farms and food factories cut costs and emissions.

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Economy25 Jun 2026

José Elías' Audax bids around €404 million for Norway's Elmera

The cash offer of 41.2 Norwegian crowns a share is a 39.4% premium, and holders of 43.3% of the shares already back it.

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Economy25 Jun 2026

Why permanent protection of social housing has sparked a new clash between the government and PP regions

Madrid, Andalusia, Extremadura and Cantabria will challenge the State Housing Plan's rule that publicly funded homes must stay protected forever.

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Economy24 Jun 2026

Five Airbus A380s inspected over suspected wing cracks

Checks ordered by EASA found possible cracks in the wing structure of five superjumbos, reportedly all operated by Emirates.

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Economy23 Jun 2026

Italian companies in Spain plan to grow: seven in ten expect to invest more in 2026

A survey by the Italian Chamber of Commerce in Spain and Afi finds 93% plan to stay at least five years, citing quality of life and stability.

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Economy22 Jun 2026

Grifols appoints Ester Masllorens as independent director, replacing Enriqueta Felip

The pharmaceutical executive joins the board after oncologist Enriqueta Felip stepped down following seven years as a director.

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Economy20 Jun 2026

Summer of the shareholder: Spanish companies pay out billions in dividends

Telefónica, Puig, Endesa, Repsol and others concentrate their payments in June and July.

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Economy19 Jun 2026

El Corte Inglés appoints Javier Catena as chief executive after Santiago Bau's departure

The former operations chief returns to lead a €3bn investment plan, in the group's third leadership change in under two years.

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Economy17 Jun 2026

Inditex agrees 12.5% pay rise for almost 30,000 Spanish store workers until 2028

The Zara owner's deal with CCOO also improves part-time pay, Sunday and holiday rates, and adds new benefits for staff.

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Economy17 Jun 2026

Ibiza housing scam: a seasonal worker pays €1,700 for an uninhabitable room

A young woman from Seville rented a room in Sant Josep through Telegram, found it full of rubbish and has filed a fraud complaint after the money was never returned.

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Economy16 Jun 2026

Spain's public debt hits a record €1.74 trillion, but falls to 101.6% of GDP

The economy is growing faster than the debt, and the government expects the ratio to fall below 100% by the end of 2026.

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