HOLIDAY cancellations from countries like the UK have led to a gloomy prediction for key holiday islands in Spain.
The Balearic Islands President, Francina Armengol, has called for urgent one-to-one talks with Prime Minister Pedro Sánchez, after she was on a video conference with him and the country’s other regional leaders.
Armengol said that since the islands live off international tourism, they are going to take a far greater economic hit than Spain as a whole.
She predicted a massive GDP fall of 30 per cent for her area for the rest of the year, some three times higher than in national forecasts produced by the Bank of Spain.
The regional leader said that the announcement at the weekend of a €16 billion pot for Spain’s regions was good news, but that the money should be handed out to those parts of the country that are suffering the most.
Despite the early days of the phased easing of the State of Alarm, many hotel owners in the Balearic Islands have said that it will be a waste of time reopening later in the process, without international air links being resumed to countries like the UK and Germany.
Germany’s foreign minister has essentially told “holidaymakers to forget this summer,” with no imminent moves to restore a regular schedule of flights.
The same picture applies to the UK market, leaving tourist-dependent businesses across the Balearics wondering what future, if any, lies in front of them.