Petrol prices in Tenerife are set to rise next week by an average of €0.07 cents per litre according to Femente, the Tenerife Federation for Alternative Energies and Metals.
The downturn in the US economy has seen the US dollar plummet while the Euro has soared to record highs against the US currency. Yesterday one Euro bought you $1.52 while Brent crude reached its second record high in 24 hours to stand at $103 a barrel.
Taxi drivers in Tenerife are up in arms over illegally operated taxi services offered over the Internet, in direct competition with drivers in Arona. The web sites offer pick up and drop off to the South airport from across the island and rides to golf courses. continued »
Spending by foreign tourists in Spain rose by 5.4 per cent in January compared to January last year with the Canary Islands taking the lion’s share. continued »