EU to go after low-tax countries, California rolls back reopening plans, European summer tourism
FT News Briefing
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The Economic Impact of American Tourism in Europe
This chapter explores the significant contribution of American tourists to Europe's economy, focusing on their spending habits and the reliance of various Mediterranean countries on tourism for GDP stability. It also analyzes the pandemic's effects on the tourism industry, highlighting the challenges faced by airlines and tour operators as they adapt to new online platforms amidst financial pressures.
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Transcript
