Economy
The principal industry is fishing. Cross-border commerce (legal or smuggled) and Spanish and European grants and wages are the other income sources.
Melilla is regularly connected to the Iberian peninsula by air and sea traffic and is also economically connected to Morocco: most of its fruits and vegetables are imported across the border. Moroccans in the city's hinterland are attracted to it: 36,000 Moroccans cross the border daily to work, shop, or trade goods. The port of Melilla offers several daily connections to Almeria and Málaga and their own airport offers flights to these cities as well as Madrid. Spanish operator Air Europe uses nearby Nador International Airport for their connections to mainland Spain.
Many people travelling between Europe and Morocco use the ferry links to Melilla, both for passengers and for freight. Because of this the port and related companies form an important economic driver for the city.
Read more about this topic: Melilla
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)