ISSUE NO. 1600
3 - 9 March 2016
MALLORCA
YOUR PAPER, YOUR VOICE, YOUR OPINION
A beacon of light and emblem of the future MALLORCA shows Spain how it’s done and is becoming truly self-reliant By Matthew Elliott As the economic engine of the islands, Mallorca is fast cementing a formidable reputation as one of the strongest performing parts of Spain, an emblem of the future and an example of hard work. New figures released on Wednesday (March 2) by the national government show that the Balearic Islands boasted the largest drop in unemployment in the entire country last month. With more than 3,000 people finding gainful employment, the data dwarfs that of second placed Cataluña which saw a decline of 1.51 per cent compared to the Balearics’ astonishing 4.35 per cent. Mallorca has managed to
redefine itself following the heady days of financial turmoil and is now a beacon of light, not only in Spain, but
across the continent. The island is proving an imposing example of how smart governance, energetic expatriates,
and a pristine environment can attract international investment, get labour working and truly become self-reliant.
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