Bank of Spain employees can enjoy a paid for summer break on the coast

Bank of Spain building Sevilla Credit: Paul VanDerWerf flickr

DESPITE Spain’s questionable financial situation, Bank of Spain employees can enjoy a paid for summer break on the coast.

Last year the Bank issued a tender inviting travel agents to offer two and three bedroom accommodation across the country to be used for staff summer vacations but this was cancelled due to the pandemic and restriction on travel.

Nothing daunted, a similar tender was issued this year and according to a number of news sources including The Canadian News, four agencies will be sharing almost €1 million as they supply some 100 apartments for use by Bank of Spain staff this summer.

Although cost was one of the main criteria, their employer wanted to ensure that staff would be able to enjoy similar standards to those they enjoy at home, so all properties had to have air conditioning, a swimming pool, decent views and be within 100 metres of a beach.

The Bank of Spain is of course 100 per cent state owned and therefore funded by the Spanish taxpayer, many of whom have been on furlough or out of work for as much as a year.

Indeed, it has recently suggested that the increase in the minimum wage in Spain may have detrimental effects upon employment especially in the case of those aged 45 and over.

Thank you for reading ‘Bank of Spain employees can enjoy a paid for summer break on the coast.’

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Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page


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