Tag «economic recovery»

International tourism an engine for the economic recovery

In the first nine months of 2013, international tourism grew by 5% according to the latest UNWTO World Tourism Barometer. The number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO’s initial forecast and creating an important stimulus to the receiving economies. …

Hope of an end to the crisis: Findings of the GfK Consumer Climate Europe study for the third quarter of 2013

Nuremberg, 21 October 2013 – Hope is spreading throughout Europe that the worst of the crisis has been overcome and that the economy is gradually beginning to recover. A number of countries registered considerable growth in some areas in the second quarter, while the downward trend at least slowed down significantly in others. These are …

European consumers do not expect rapid economic recovery

Findings of the GfK Consumer Climate Europe and USA for the third quarter of 2012 Nuremberg, 16 October 2012 – In the summer months, the European Union (EU) struggled with new sources of uncertainty. First, the interest rates for Spanish and Italian bonds shot up. Second, it was unclear for some time whether Germany would …