Going to Europe? Be Prepared for New Visitor Taxes.
Driven by the climate crisis, the post-pandemic surge in visitors and a growing interest in making tourism work for local communities, European cities are finding new ways to tax visitors.
Posted inEconomic Conditions and Trends Europe European Central Bank Eurostat Eurozone Germany Gross Domestic Product Inflation (Economics)
Europe’s Economy Expanded in Spring, and Inflation Has Eased
The eurozone economy grew more than expected, while inflation slowed after a string of rate hikes from the European Central Bank.
Posted inCalabria (Italy) Europe Fires and Firefighters Florence (Italy) Greece Heat and Heat Waves Ionian Islands (Greece) Madrid (Spain) Sicily (Italy) Summer (Season) Travel and Vacations Weather Wildfires
Wildfires and Heat Transform Italy and Greece Into Tourism Nightmares
Record heat and wildfires have turned summer holidays into nightmares and called into question the future of cherished tourist destinations.
Posted inBank of Japan Europe European Central Bank Federal Reserve System Germany Government Bonds Inflation (Economics) Interest Rates internal-storyline-no Lagarde, Christine Powell, Jerome H United States Economy Vanguard Group Inc
Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet
Despite a barrage of interest-rate increases, the economy is faring better than many on Wall Street had imagined. But the wild card of inflation still looms.