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Vacations as the Linchpin of Eurozone Economic Stability
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Vacations as the Linchpin of Eurozone Economic Stability

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Byrne Hobart
May 5, 2020
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We live in astonishing times: a global pandemic has shut down cities around the world, cut air travel by 95%, and—most shockingly—prompted the German government to run a deficit. A massive response to an acute crisis is politically tenable, but this summer will bring a second crisis that’s much less politically feasible to fix: travel is a major imp…

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