Thursday, June 24, 2010

Euro's Fall Brings New Bargains Overseas

Europe is on sale.


A friend of mine left this week for Paris and a charming Left Bank hotel for less than $200 a night. A quick glance at some Internet travel sites indicated a slew of bargains, including cruises of the Greek isles for travelers who want to contribute to the country's struggling economy.

With the euro worth about $1.23, it might be time to book a long-delayed visit to a euro-zone country. But it’s not only hotels and restaurants that are attractively priced. Everything priced in euros is cheaper than it was as long as a buyer is paying in a currency that has appreciated against the euro. That’s not just dollars, especially since China said over the weekend that it would allow the yuan to appreciate. (more)



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