from Formentor, located on the Spanish island of Mallorca that was famous for its literary gatherings, and classic works such as The Pine of Formentor. As of 2012, the award carries a cash prize of 50,000 euros ($65,000) given to a single author.

History

The 1950s saw an increasing expansion of the global interest in Hispanic literature. Looking for a way to further open up Spanish literature markets, Carlos Barral

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