Mallorca News Top Story: Boost for Brexit in Calvià, Mallorca

THE City Council of Calvià in Mallorca, Spain, have revealed that they will allocate 167% more money for the promotion of tourism in the municipality this year.
In response to the predicted negative impact of Brexit on the British market and the uncertainties in the German economy, the Council has increased its budget from €30,000 to €80,000 for 2020.
The Council state that the are anticipating the possible eventualities caused by the United Kingdom leaving the European Union, such as the devaluation of the pound sterling. They also are closely monitoring forecasts on an economic recession in Germany which would likely have a knock on effect on the number of German tourists visiting the island.
The events that they will promote in Calvià include the Trail Galatzó mountain race, the Magaluf half marathon, the Santa Ponça Cup and the Street Food Festival, amongst others.