29 Jul, 2021 @ 14:45
1 min read

Tourism reboot: Balearics receive millions to develop new tourism strategy

hotel balearic islands

THE Balearics are to get a €233 million tourism boost from the European Union.

The €133 million will come from a €2 billion fund set aside to help develop the Strategy for Sustainable Tourism in European countries.

Premieres Vacances Estivales Sous Conditions Sanitaires Majorque Iles Baleares
€233 million for tourism reboot in the Balearic Islands (Credit:JEANNE ACCORSINI/SIPA/2106021438)

A further €100 million from a pre-allocated budget by the government from the Recovery and Resilience Mechanism of the Next Generation Funds of the EU, will also be given to the Balearics, taking the total to €233 million.

At the recent Tourism Sector Conference in Madrid, Minister of Economic Model, Tourism and Labor, Iago Neguerela, spoke of his happiness that the Islands were being given such a generous amount after they had ‘suffered so much’. He added that the money will allow Mallorca to invest in tourism and generate jobs.

Katherine Brook

Katherine Brook joined the Olive Press in June 2021. Originally from the UK, Katherine has worked as a freelance journalist for The Times, Culture Trip and many London based titles. She is also a copywriter for food, drink and fitness brands. She is a keen trail runner, cyclist, and enjoys exploring different food cuisines. Get in touch with a story katherine@theolivepress.es

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Out Thursday Sur
Previous Story

The new edition of Olive Press for Costa Blanca South is out now – here’s where to get your free copy

Spain extends COVID-19 vaccine booster shots to people in their 40s and 50s
Next Story

Serum injected into arms by mistake and not COVID-19 Pfizer vaccine in Alicante Province town in Spain

Latest from Balearic Islands

Go toTop

More From The Olive Press