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Spaniards' holiday blues

2012-07-09 13 Dailymotion

Many Spaniards this summer have not made their usual sort of holiday plans. Economic doubts have brought a dramatic drop in hotel reservations, notably in the north and the interior.<br /><br />Hotels are also worried that Madrid might raise value-added tax to 18 percent from 8 percent.<br /><br />The drop in demand is clearly from Spanish national consumers. <br /><br />...<br />http://www.euronews.net/

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