Europe’s tourism-dependent economy is being hard hit by the lack of some 15 million US tourists this summer. This due to the ongoing travel ban dished up by the EU last week. It’s already hurting, with billions of dollars in losses predicted. Particularly in the countries who rely most heavily on them: France, Italy, Germany and Spain. But across the EU, the economic ripples are being felt. US Is Europe’s No. 1 Long-Haul Tourism Market “Tourism contributes 10% to EU GDP and creates jobs for 26 million people,” notes the European Union Tourism Trends report. Europe is the world’s leading tourist destination, it says. ... (full story)