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07 May, 2024 - 10:00 AM

Employment – Unemployment at the lowest figure since 2008

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Employment

“The Canary Islands closed the month of April with 167,468 unemployed people, marking a minimum since 2008, with 12,224 fewer people compared to the previous year, and it also becomes the region of Spain in which employment has grown the most in the last year, with 31,997 more employed. (Politician)”

April 2024 monthly labour market report summary (Edurne Rodriguez, Televisión Canaria in Fuerteventura)
08 May, 2024 - 10:00 AM

Eco/tourist tax – The Teguise City Council rejects a La Graciosa tourists tax

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Eco/tourist tax

The proposal had been presented by the mayor of Nueva Canarias Fernando Jiménez, who had already defended this measure in the electoral campaign, as a way of obtaining resources that should be invested in improving public services on the eighth island. The plenary session of the Teguise City Council (Lanzarote) has rejected this Wednesday with the votes of the government team (Canarian Coalition, Popular Party and Vox) to tax the entry of non-resident tourists to the island of La Graciosa, which belongs to its district, with an ecotax.

Island of La Graciosa (EFE)
13 May, 2024 - 10:00 AM

Housing shortage – Why limiting housing to non-residents is complicated to implement

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Housing shortage

“Why limiting the purchase of housing to foreigners is not impossible, but it is very complicated and of doubtful effectiveness”

” Recent studies have linked the pressure exerted by foreign real estate investments with the rise in prices, so it seems clear that stopping foreigners would, at the very least, open up more houses for locals, although it remains to be seen what type.”

“The problem, Janer points out, is that the housing policy in these autonomous regions has been “meager”. The Canary Islands and the Balearic Islands occupy the last positions in terms of the construction of social housing in the last 40 years with respect to the total number of residential buildings built. “

“The UIB professor believes that European jurisprudence suggests that limiting the purchase of housing to foreigners has to be the “culmination” of a set of “serious policies” that, up to now, have not been implemented.”

Protestors responds to mass tourism in the streets of the Canary Islands (EFE, Quique Curbelo)
14 May, 2024 - 10:00 AM

La Tejita – The Cabildo of Tenerife offers help buy the La Tejita hotel

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La Tejita

“The president of the Cabildo, Rosa Dávila, said yesterday that, “without a doubt” the insular institution will support the Granadilla City Council to financially rescue the La Tejita plot if the council decides so. In statements to RTVC, Dávila clarified that the insular institution will contribute, in any case, “whatever corresponds to it” in this process and clarified that it is still premature to talk about figures because it is not known if the plot remains at the agreed 25 million.”

Construction work on the La Tejita hotel, on the coast of Granadilla de Abona (Sergio Méndez)
15 May, 2024 - 10:00 AM

Other resorts – Construction license granted for a new Corralejo hotel

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Other resorts

“The La Oliva City Council has settled 1,416,934 euros in fees for urban planning licenses to the developer of the new Corralejo hotel, with capacity for almost a thousand tourist beds. On October 31, the Northern City Council, chaired by Isaí Blanco, granted the construction license for the new hotel to the company Herculina Las Dunas, which has the Galician group Anjoca as its sole partner. “

“The plot is one of the largest in the area: 66,352 square metres according to the license and a couple of thousand metres less according to the land registry, in the Corralejo Playa development and about 150 metres away from the old Baku theme park.”

Plot under construction in Corralejo. Photos: Itziar Fernández.
15 May, 2024 - 11:00 AM

Cost of Living – TUI offers staff housing

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Cost of living

“Demonstrations against mass tourism on Spain’s Canary Islands have prompted European travel giant TUI to invest in housing for its staff rather than hotels, the company said on Wednesday, while trying to play down the size of the protests. “We have offered to build housing for employees and others. We have proactively addressed the issue” “

The opening bell is displayed as TUI returns to the stock exchange in Frankfurt, Germany April 8, 2024 (REUTERS, Kai Pfaffenbach)