Ski Station Bail Out

The Junta de Andalucía will pump relief funding into the publicly owned company that runs the Sierra Nevada ski resort, Cetursa.

GRA Sierra Nevada Reopens DC20Covid, for obvious reasons, has had a disastrous affect on the ski station both at the tail end of the 2019/20 season and the 2020/21 – more so the latter with a 60% drop in takings equivalent to 25-million euros. The 2019/20 saw a 13-million loss.

For this reason, the Minister of Hacienda y Financiación Europea, Juan Bravo, announced before the Andalusian Parliament that they were going to have to “inject liquidity” into the company.

There will also be improvements made, including a “strategic plan” in line with what the International Ski Federation recommends, amongst their recommendations, new snow canons, as well as public-private collaboration over hotel offers.

He criticised the previous socialist administration who had last invested in the ski station in 2009 with a strategic plan ending in 2017.

The socialist MP, Juan José Martín Arcos, criticised the Government for closing the station early on the 18th of April, situating the company, in his opinion in danger from litigation, some of which have already been presented.

Editorial comment: politicians will be politicians. The conservative minister fails to mention that the world entered an economic crisis in 2008 that took ten years to recover from; during which the conservative Central Government applied a policy of austerity and cut in public funding. Furthermore, the Conservative-led coalition government took power in 2018; i.e., the following year to the socialist strategic plan expiring.

On the other hand, the socialist MP fails to mention that the 4th wave was emerging in mid April and tougher movement restrictions were being applied, which was why it closed early.

(News: Sierra Nevada, Granada, Andalucia)

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