PRAISE FROM NEW YORK
by Ray Fleming
IT´S obviously too soon to draw conclusions, but yesterday's initial reaction of the stock markets to the new financial rescue plan devised by the British government and adopted in principle by 13 leaders of the Eurozone was certainly encouraging. And even if it had not been, there was good reason for satisfaction that major European countries have recognised the need for agreement and co-ordination over the measures that need to be taken in this crisis.
Gordon Brown and Alistair Darling deserve the principal credit for what is being widely called the British plan.
Unfortunately, in the UK media some of the praise is grudging and undermined by unworthy suggestions that this crisis is just what Mr Brown was hoping for. In other political quarters there has been a deathly silence.
Also in Holiday
- UK entry visa comes into force on Wednesday
- Curtain comes down on Son Amar, the popular Mallorca nightspot
- New train service will have 10 kilometre underground section, linked with Palma airport
- Mallorca beaches at Soller and Andratx covered by thousands of 'little sails'
- The Mallorca weather forecast (April 1). Enjoy the good weather while it lasts!
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