Canary Islands News

canary islands holiday rental law changes ascav criticism

Holiday Rental Association Slams Canary Islands Government Over Law Changes

The Canary Islands Holiday Rental Association (Ascav) has launched a fierce criticism of the regional government, accusing it of using a planning bill to sneak through severe new regulations for the sector. The association warns the proposed amendments could unfairly penalise landlords and affect non-tourist short-term lets. Read the full details of the contentious legal changes.

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canary islands economic diversification strategy proexca

Canaries Forge Ahead with Strategic Economic Diversification

The Canary Islands government is intensifying efforts to diversify the archipelago’s economy through strategic sectors including audiovisual, technology, aerospace, and the blue economy. Public agency Proexca is leading the charge to integrate the islands into global value chains, leveraging competitive tax incentives and a unique geographical position. Read the full article for details on the internationalisation plans and key industry events.

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canary islands airport management negotiations basque model

Canary Islands in Talks for Greater Airport Control

The Spanish government has confirmed that the Canary Islands can aspire to a greater role in managing its airports, similar to the model agreed with the Basque Country. Technical negotiations are set to begin in the coming weeks, though ministers stress this is not a full co-management system. Read on for the full details of this significant development for the archipelago’s connectivity.

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canary islands 29 million crisis package war impact

Canary Islands Approve €29.8m Crisis Package Amid War Impact

The Canary Islands Government has approved a €29.8 million economic support package to shield residents and businesses from the fallout of the Middle East conflict. The measures include fuel tax cuts, zero-rated VAT on basic goods, and direct aid for key sectors. Read the full details of the regional and national requests designed to support the archipelago’s economy.

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