Bank balances improving

With regards to Spain as a whole, more than 6.5 million foreign fliers landed last month, 30 per cent more than in 2022 and the second highest monthly figure since the year 2000.

Figures increased for all major countries of origin, with 55.6 per cent of the total coming from the EU and 44.4 per cent from other parts of the world. The UK accounted for the largest number of foreign visitors to Spain in March with 1.4 million travellers landing in Spanish air‐ports ‐ 33.3 per cent more than last year.

RESIDENTS and busi‐nesses in the Balearic Is‐lands are gradually re‐ducing their level of debt with banks while in‐creasing their savings.

According to figures published by the Banco de España, the region closed 2022 with credits pending payment to‐talling €33 billion, a 4.3 per cent drop compared to the previous year, and total savings up by 8.6 per cent and totalling €32.6 billion.

This savings amount is the highest ever regis‐tered for the fourth trimester of any year.

The gradual improve‐ment in general bank balances mirrors the trend registered for Spain as a whole, al‐though the process is taking place much faster in the Balearics.

Analysts suggest that possible reasons for this include the fact that em‐ployment and the econ‐omy of the Balearic Is‐lands are improving much faster than expect‐ed.

The figures also show that spending is still evolving upwards in the region, showing that un‐certainty regarding infla‐tion and the war in Ukraine are not affecting consumption.

However, some ex ‐perts suggest that what may be happening is that investors are more wary to take out loans and are preferring to in‐crease their savings just in case.

THE British embassy in Spain has issued an appeal to search for the most wanted criminals in the UK, who are believed to be living in Spain.

The list includes seven crimi‐nals, who are believed to be liv‐ing in different parts of Spain.

This includes Asim Naveed, who has been accused of sup‐plying “Class A drugs”.

The second fugitive is named