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Tuesday, August 01, 2006

Plantations fall victim to big bucks developments

"Banana plantations are becoming ever more attractive to the speculative eyes of building developers and fincas in areas in the vicinity of exclusive south Tenerife hotels even more so, according to agricultural cooperative COAG-Canarias which claims that this situation, coupled with doubts over the future of EU banana subsidies, is prompting plantation owners to abandon their crops and bide their time to make a property killing.", Tenerife News reports.

Plantations fall victim to big bucks developments

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