He closure of the Agama factory, owned by DammThis represents a further economic loss for the primary sector of the Balearic Islands. The portion of the subsidy that the brewery received The funds allocated to European Union and Spanish Ministry of Agriculture and Fisheries will be returned to the European Union and Spanish government budgets, respectively. No investment will be made in other potential businesses in the sector that could have received the funds had Damm not requested them and subsequently closed the factory.

The Balearic Islands will have another five months to complete projects funded with €100 million from European funds. The Secretary of State for Tourism, Rosario Sánchez, and the Minister of Tourism, Jaume Bauzá, announced the extension of the agreements at a press conference, noting that administrative delays, particularly at the local council level, have hampered the implementation of all the investments. This is the third extension approved since the European Commission set the start and end dates for the projects in December 2023.