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Tourism buoys southern Europe’s ‘Club Med’ nations

By Inquirer - 6 months ago
MADRID, Spain — Derided as “Club Med” nations during the European debt crisis 15 years ago, the economies of Spain, Greece and Portugal are now outperforming their northern peers thanks to a rebound in tourism. The three nations had to endure harsh austerity measures in the early 2010s imposed by their European Union partners, who

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