Euro Crisis: Should I Cancel My Trip?

In the last decade of the 20th century, the Turkish lira fell in value 1,000 times against the U.S. dollar, meaning that tourists returning to that country after several years found that any old money they still possessed since their last visit had become almost worthless.

Topics:  turkish   u.s    
  • Decomposing the euro area’s current account surplus
    One of the most significant changes in the global economy since the start of the financial crisis has been the massive swing ... to the dollar and the persistence of the euro area’s current account surplus despite the gradual revival of domestic demand.
    02/23/2017 - 9:00 pm | View Link
  • The View From Europe (Pre-Apocalyptic)
    Eventful summer full of developments, such as Brexit referendum, Austrian election repeat and an intensification of terror activity, is set to exacerbate the already crisis-gripped situation ... not everyone is willing to cancel. Thing is however that ...
    08/18/2016 - 5:28 pm | View Link
  • Explaining the Riddle of Turkish Foreign Policy in Syria: Dilemmas, Risks and Limitations
    Since the humanitarian crisis in Kobani made its way to world media outlets ... Further instability in the region because of military aggression would cancel any efforts from the AKP government to exert influence in the region through means of ‘soft ...
    10/22/2014 - 1:00 pm | View Link
  • How the euro was saved
    It would be the low point in a brutal, recrimination-filled night, one many participants would recall as the nadir of the three-year eurozone crisis. Mr Sarkozy had hoped ... Asking Mr Papandreou to cancel a plebiscite would go against their Gaullist ...
    05/10/2014 - 8:32 pm | View Link
  • Cyprus's future: Is euro membership viable?
    The second consequence of the country's continuing economic crisis is that, even if confidence can be rapidly ... But Russia has threatened to cancel its treaty. Its businessmen have undoubtedly lost a chunk of money in Cyprus. But, as the country serves ...
    04/2/2013 - 1:00 pm | View Link
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  • Home | Euro Pacific Capital
    If investors and citizens are frustrated with President Donald Trump, they should blame the Federal Reserve, according to Euro Pacific...
    06/25/2017 - 1:00 am | View Website
  • Causes of the Debt Crisis — Global Issues
    This page looks at the geopolitical, political and economic context in which the current third world debt crisis came about.
    06/24/2017 - 2:45 pm | View Website
  • euro | currency unit |
    Euro, monetary unit and currency of the European Union (EU). It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in ...
    06/24/2017 - 2:30 pm | View Website
  • European migrant crisis
    The European migrant crisis, or the European refugee crisis, is a term given to a period beginning in 2015 when rising numbers of people arrived in the European Union ...
    06/23/2017 - 5:06 am | View Website
  • Its Economy in Crisis, Angola Readies for a New Leader
    TALATONA, Angola—This upmarket new suburb on the edge of Angola’s capital stands as a ghostly monument to the challenges facing one of Africa’s biggest oil ...
    01/3/2017 - 12:12 am | View Website
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