The Association of Small and Medium-sized Companies of Marbella and San Pedro Alcantara (Apymem) said it expected that between 115 and 130 businesses will close down this autumn.
A spokesman said sales had dropped 15% this year because tourists had a lower purchasing power than in the past and therefore spent less. He also said the small and medium-sized businesses simply could not compete with the big shopping centres. Apymem has also asked the council to give provisional licences to 800 companies which are located in illegal buildings.
Assignment Higher Power: 97% of the money in the world doesn't exist
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Assignment Higher Power: 97% of the money in the world doesn't exist: We
all know that 97% of the money in the world doesn't exist and that's thanks
to Fr...
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