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Weakening dollar strengthens cruise industry in Europe
(The Charlotte Observer)
May 12, 2008
By Martha Brannigan McClatchy Newspapers
MIAMI --When Miami banker David Schwartz takes his family to Europe this summer, they'll pick up a Royal Caribbean Cruise Lines ship in Barcelona, Spain.
“We booked a European cruise, and we were fortunate,” says Schwartz, president of the Florida International Bankers Association. With the dollar plummeting to new lows against the euro, he says, “A decent hotel is 300 euros a night, over $450 a night.” ...... Read more on The Charlotte Observer
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