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Last updated on April 18, 2014 at 13:38 EDT

Latest Hersonissos Stories

2005-06-03 20:15:50

Manufacturing and professional services are not the only industries suffering from "overseas outsourcing."  So is tourism. Yesterday's inexpensive tourist destinations "“ Italy, Spain and Greece "“ are now competing with upstarts like Turkey and North African countries such as Egypt, Morocco and Tunisia. "It's the economy," reports Michael Romanos, University of Cincinnati professor who has studied tourism around the globe.  "The European Union has flattened prices...