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International: World tourism to rebound from crisis in 2010: UNWTO

According to The Daily News Egypt (19/01/10), "International tourist arrivals should recover strongly in 2010 after the global crisis and the swine flu pandemic produced "one of the most difficult years" for the sector, the UN World Tourism Organization said Monday.
World tourism fell by an estimated 4 percent in 2009 but should rebound by 3 to 4 percent in 2010, it said in its annual World Tourism Barometer.
Growth returned in the last quarter of 2009 contributing to better than expected full-year results."


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Euro area GDP up by 0.4% and EU27 GDP up by 0.3%

According to Eurostat (08/0/10), "Euro area1 (EA16) GDP increased by 0.4% and EU271 GDP by 0.3% during the third quarter of 2009, compared with the previous quarter, according to second estimates from Eurostat, the statistical office of the European Union. In the second quarter of 2009, growth rates were -0.1% in the euro area and -0.3% in the EU27.
In comparison with the same quarter of the previous year, seasonally adjusted GDP declined in the third quarter of 2009 by 4.0% in the euro area and by 4.3% in the EU27, after -4.8% and -5.0% respectively in the previous quarter."


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