Crisis? What crisis?
22/05/2013 00:00
By Jason Moore
CAR sales have fallen, unemployment is rising and if you walk around Palma and the rest of Majorca you can see For Sale signs everywhere meanwhile the Balearic government says that there is no reason to be alarmed. It will be alright on the night appears to be the message from the Balearic government at the moment because we can allegedly look forward to a great holiday season. We allegedly had a great season last year and still we are in the midst of an important slowdown which is worse than the mainland. Just look at our economic growth, it is behind the national average. What the Balearic government should be doing is trying to help the ailing building industry which has shed thousands of jobs. While the credit crunch is obviously outside the realms of power of the Balearic government they should think of ways to try and help relaunch the economy before it is too late.
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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