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Economy of Ceuta


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The official currency of Ceuta is the euro. It is part of a special low tax zone in Spain. Ceuta is one of two Spanish port cities on the northern shore of Africa, along with Melilla. They are historically military strongholds, free ports, oil ports, and also fishing and smuggling centers.Today the economy of the city depends heavily on its port (now in expansion) and its industrial and retail centres. Ceuta Heliport is now used to connect the city to mainland Spain by air.

Along with Melilla, Ceuta is the main link to and from the plazas de soberanĂ­a, especially theIslas Chafarinas, occupied by Spain during the 19th century
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