Plunging Pound Has EU Worried About Decline in British Tourists - News Summed Up

Plunging Pound Has EU Worried About Decline in British Tourists


FRANKFURT—Britain won’t officially leave the European Union for at least two years, but European tourism officials already fear a British exit this summer. The reason: A fall of roughly 6.6% in the value of the British pound against the euro Friday, after Britons voted to leave the EU. Currency traders, who were surprised by the referendum’s outcome, dumped sterling on fear of looming U.K. economic troubles. International...


Source: Wall Street Journal June 25, 2016 10:28 UTC



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