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Hopeful signs from Germany in tourism

Europe's top Turkish tour operator Bentour brought together the owners and staff of 400 tourism agencies from Switzerland, Germany and Austria at a three-day event in the southern tourism hub Antalya.

Considering the serious decline this year in the number of tourists visiting Turkey, it was a particularly important meeting, during which projections for 2017 were discussed. 

EU banks at risk from bad loans, low profit: Regulator

The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc's financial regulator said in a report on Dec. 2.

The European Banking Authority said that while EU-wide lenders had strengthened their capital buffers, technology-related risks were increasing amid lingering litigation concerns.

Drop in average tourism spending was far greater than in other countries

Had tourists' average per capita expenditure in Greece in July and August been on a par with that at rival destinations, the country's tourism revenues would not have posted a decline, according to a survey presented on Thursday by the Greek Tourism Confederation (SETE).

Running out of gas in Germany is illegal! Bizarre laws from around the world! (photos)

“Ignorantia juris non excusat”, is a Latin legal principle adopted by most western countries, passed down by the Roman law tradition. It simply means that if someone is ignorant of the laws of the land, they are not excused. So whenever you plan on traveling around the world, you better do a crash course on the country of destination you plan to visit.

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