The Consell de Govern de les Illes Balears has approved the advance payment of one hundred per cent of the nominative subsidy allocated to the Fundación Tribunal de Arbitraje y Mediación de las Illes Balears for the year 2026, amounting to a total of €1,860,000. This decision aims to ensure the continuity of an essential public service for the extrajudicial resolution of labour disputes in the Illes Balears.

The funding will cover both the foundation’s operational expenses and the costs associated with its activities in conciliation, mediation and arbitration of labour conflicts, including both individual and collective cases. Of the total amount, €1,840,000 is allocated to current expenditure, while €20,000 is earmarked for capital investment.

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Advance payment of €1.86 million approved to ensure labour mediation services in the Balearic Islands in 2026

The payment structure includes an initial advance of €560,000, followed by ten monthly instalments of €130,000, a mechanism designed to provide financial stability and ensure uninterrupted service provision throughout the year.

TAMIB plays a fundamental role as a mandatory extrajudicial mechanism before judicial proceedings, contributing to faster and more effective solutions between employers and employees. The authorisation of the advance payment without the requirement of guarantees is based on reasons of public interest, as the foundation has no alternative sources of income and delivers a service that is vital to the proper functioning of labour relations in the Balearic Islands.