European Debt Crisis Good for the American Tourist?
How you can find vacation value AND help the people of Europe!
The ongoing debt crisis in the European Union, and in particular Greece, has led to a loss of confidence in the currency of Europe, the Euro. Since January 2008, the Euro has declined nearly 25% against the U.S. dollar.
What does this mean for the traveling public of the United States? It means that European vacations have become that much more affordable. A stronger dollar allows for more purchasing power for Americans. In addition, other countries in Europe appear to be having similar problems to Greece.
Collectively, these countries have been dubbed the “PIIGS” and they include: Portugal, Italy, Ireland, Greece and Spain. These countries have all struggled with soaring debt and rising unemployment. As the crisis
continues and these countries begin encountering the same difficulties as Greece, the Euro is only going to further weaken against the U.S. dollar.
In essence, there is not a better time to start planning a European vacation than today! You will not only discover more value for you vacation savings; you will be helping the Europeans when they need economic assistance the most!
Our specialists are experts in European travel and can help you navigate through the confusing and complex vacation planning of Europe. Contact Us today to start planning or browse some of our magical Specials!
Nice job very timely indeed!