Originally published February 27, 2008 at 12:00 AM | Page modified February 27, 2008 at 3:32 PM
Record-high euro makes European travel more expensive than ever
Euro soars to new high against U.S. dollar and the exchange rate makes it more expensive than ever for travelers to Europe
The dollar sank to new lows in Europe today against the euro, making a European trip even more expensive for American business travelers and vacationers.
The 15-nation currency exceeded a record $1.51 early today before falling slightly in currency trading. The U.S. currency has dropped 12 percent versus the euro in the last year.
Along with the rising British pound, which is nearing $2 again, the muscular euro means Americans must pay more for a hotel room in Rome, more for entrance to the Louvre in Paris and more for chocolates in Belgium.
On the other hand, the stronger euro makes shopping trips to the U.S. more appealing to Europeans. New York City in particular is a magnet for European tourists on shopping trips.
"
Copyright © 2008 The Seattle Times Company
Fewer fliers expected over holidays
U.S. airlines boost on-time arrivals
Covert TSA officers keep watch at airports
Holiday airfares keep climbing

Ken Auletta talks about "Googled"
Ken Auletta talks about Google with Brier Dudley at the Seattle Central Library.
nwjobs

Post a comment

Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos

Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
- 'Missing' SeaTac man found with new name, in new state
- Police: DNA from officer's slaying matches suspect
- Prosecutors consider charges against suspect in police shooting
- Three more fires ignite in Greenwood
- Steve Kelley | Hasselbeck gives Seahawks' sagging season a stay of execution
- Plans call for Triangle to become West Seattle gateway
- Bill Clinton meets with Senate Dems on health care
- Trucker dies as big-rig plummets off SF bridge
- McGinn next Seattle mayor; Mallahan concedes as vote gap widens
- Washington coordinator Nick Holt says his Huskies defense is improving
- Prosecutors prepare charges against suspect in police shooting
256 - House health bill unacceptable to many in Senate
246 - Pelosi tours Seattle's Swedish after health-care vote
171 - Prosecutors prepare charges against suspect in police shooting
143 - Alleged shooter tied to mosque of 9/11 hijackers
135 - Obama puts heat on Senate to speed health bill
123 - Resolute Fort Hood soldiers ready for return
119 - McGinn more than doubles his lead over Mallahan
98 - Cutaia says replay handled properly on Austin TD
69 - Josh Smith picks UCLA
69
- For 80-year-old Maple Valley man, hoops aren't just a dream
- Plans call for Triangle to become West Seattle gateway
- Three more fires ignite in Greenwood
- 'Missing' SeaTac man found with new name, in new state
- Pakistani-American cafe, bar owner on verge of being Granite Falls mayor
- Silver Lake restaurant destroyed by fire
- All You Can Eat | Fruit flies: thrill to the kill
- Taste | Ruth Reichl still reigns as queen of America's culinary scene
- Police: DNA from officer's slaying matches suspect
- Book review | Ayn Rand: goddess of the market, gateway to the American right





