Monday, March 27, 2017

Economics

The Government announces that it will settle its debt with the Consells Insulars

The Government today reiterated its commitment to fully repay its debt to the consells insulars before the end of the legislature, but has avoided the issue on how much that commitment amounts to… The regional executive vice president, Antonio Gómez, announced that the payment of the debt has been the focus of the Conference of Presidents, which met the President …

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The Consell d’Eivissa budget for 2015 to increase by 6.6% to €81 million

The Consell d’Eivissa is expected to approve a budget of €81,008,590 for 2015, representing an increase of 6.6% compared to the accounts this year and 17% more than the 2013 budget. Both the president of the Consell d’Eivissa, Vicent Serra, and the Minister of the Economy, Alex Minchiotti, stressed that the new Law on Financing of Consells has led to …

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The Pitiusan Diocese managed on a budget of €1.4 million last year

The Pitiusan Church last year managed on a budget of €1,400,000, according to the Treasurer of the Diocese of Ibiza and Formentera, Antonio Luis Marí, who said that, of that amount, €900,000 came from the Episcopal Conference. “That money comes from the tax returns of the Spaniards. The remaining €500,000 comes from own funds, thanks to income from real estate …

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24% of the citizens of Ibiza are on the edge of severe social exclusion

According to data presented yesterday by Caritas of Ibiza and Formentera, 24% of the population is at risk of severe social exclusion. This means that about 33,600 people are on the brink of poverty, which is comparable to the number of people living in the municipality of Santa Eulalia (30,000 inhabitants according to the census). Guillermo Fernandez of Caritas extrapolated …

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The Balearic Government to transfer 10% more money for 2015

The Balearic Government will pay 10% more towards the Consell Insulars’ budgets next year than it did in 2014. This is one of the announcements that the Minister of the Treasury and the CEO of Pressupostos i Finançament, Ibicencos José Vicente Marí Boso and Antoni Costa, will explain to the media after the Consell de Govern’s extraordinary meeting, to be …

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439 more are self-employed in the Pitiüses in 2014

The president of the Federación Nacional de Autónomos (ATA), Lorenzo Amor, said that “the recovery is tenuous, but steady.” Amor, who travelled to Ibiza, stressed that the data implies that “nationally we are talking about less unemployment, less youth unemployment and fewer families with all members unemployed. It is important to note that 4 out of 10 of the new …

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New house building has risen by 70.8% in the Pitiüses

Construction data for Ibiza and Formentera is the best in the Balearics. The Official College of Architects of Balears (COAIB) highlight the fact that, up to September, they have approval for a total of 176 new homes in the Pitiüses, compared to 103 in the same period last year. This represents an increase of 70.87%. In the first quarter there …

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