THE BEST FINANCE NEWS ON PAGES 14 - 17 24 - 30 March 2022
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Helping Ukraine THE village of Santa Eugeâ nia may be small with just 1,771 registered inhabiâ tants, but it clearly has a big heart as far as the tragedy of Ukraine is conâ cerned. The council there has decided to allocate âŹ1 from its funds in respect of each resident in order to fund the purchase of medâ ical equipment for the people of Ukraine through the NGO Levante en Marxa, as part of its proâ ject âUkraine, you are not aloneâ. The sum of âŹ1,771 has been spent at the village pharmacy and items purâ chased include pain killers, medicine, baby milk, preâ pared baby food, nappies, sanitary towels, incontiâ nence pads and wet wipes. Mayor Joan Riutort Crespi said: âThere is no worse scenario for a counâ try than a war, in which the civilian population is the most affected. With this action we want to make the small contribuâ tion of the entire village to show our solidarity. with the people of Ukraine.â
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Credit: Balearic Government
Issue No. 1916
BACK IN SPAIN: Rafael Nadal in Indian Wells.
Nadal injury
SUMMER SEASON: President Armengol spoke to Parliament on Tuesday.
SPEAKING in the Balearic Parliament on Tuesday March 22, President Francina Arâ mengol said that she believed the summer tourist season would not be adversely affectâ ed despite the huge leap in energy costs caused in part by the Russian invasion of Ukraine. However, the hospiâ tality industry, as well as stores on the Islands are already worried about the Spanish lorry driversâ strike. Although delivery across Mallorca has not been affected significantly by local
strikes, there is certainâ ly an ongoing shortage of goods. The problem is caused by pickets at docks on the mainland and fewer lorries are making it on to the ferries meaning that fewer supplies are arriving on the islands. Some private driversâ haulier organisations have indicated that the Spanish Government promise of up to âŹ500 million in aid to reduce the cost of professional diesel is too vague and has not been made diâ rectly to the drivers who are actually on strike. The Balearic Governâ
ment is to put a number of proposals to the Naâ tional Government withâ in the next few days as it considers that the isâ lands are a special case and if the strike can be settled quickly then no longâterm harm is likely to have been done. If, however, no settleâ ment can be reached quickly, then there is the possibility that local drivers will join in the strike which has already seen fishermen staying in port for three days and things could esca â late on the mainland with even greater reperâ cussions for the islands.
AFTER losing in the final of the ATP tennis champiâ onship in Indian Wells, Mallorcaâs Rafael Nadal reâ turned to Spain. On Tuesday March 22, the possible reason for his loss was revealed when he issued the following tweet: âHi everyone, I wanted to let you know that Iâm back in Spain and I went straight to see my mediâ cal team for tests after the Indian Wells final, which I played in discomfort. âI have a stress fracture in one of my ribs and I will be out for four to six weeks. Itâs not good news and I didnât expect this. I am devastated and sad because after such a good start to the season I have had.â