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Malaga businesses lose 1,000 million euros due to rain
02-03-2010Comments (2)
The rain that has fallen in the province of Malaga over the previous two months has caused not only great damage to roads, nature and beaches but also to businesses. Estimates from various business assocations in the province suggest that one thousand million euros have been lost due to the weather.
The over 10,000 bars, restaurants and cafes in the province of Malaga alone have seen over 900 million euros lost in the past two months according to estimates from the Hostelry Assocation. Other businesses including shops, stalls at local markets and golf courses have also lost considerable amounts of income.
The Business Assocation of Traders in Malaga estimates that sales have collapsed 85 per cent, amounting to 70 million euros in lost income for the 15,000 families in Malaga alone who sell products at street markets on a daily basis.
By: Ramune
Stu
09-03-2010 20:11
Nature is powerful.. nothing else to say
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0
baby
02-03-2010 20:57
That awful! The floods really wild!
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0
See all comments (2)

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