Published on Wednesday, July 23, 2014 | Updated on Sunday, May 13, 2018

Balearic Islands Outlook 2014

The recovery in the Balearic Islands started in mid-2013, consolidating job-creation at a stronger pace than the national average. The main pillars of this accelerating growth are a milder fiscal consolidation effort that in previous years and the contribution from the external sector. In the medium term reforms will be needed to reverse the negative trend in productivity and ensure the competitiveness of the tourism sector.


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