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Is tourism keeping the euro area afloat?

Nomura report: the sector has "probably prevented" the economic contraction of the area

Tourism keeps the Euro area afloat. According to the latest report by Nomura, domestic demand in the Euro area contracted in the second quarter of 2024 and GDP growth was revised downwards by 10 basis points: what matters most is that, according to the Japanese global financial group, "Tourism has probably prevented economic contraction".In more detail, the report points out that production data for...

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Roma, RM, Italia, 09/09/2024 11:59
EFA News - European Food Agency

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