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Entries from Gothamist tagged with 'euro'

April 16, 2008

Prime Spot, by Foto Bocch at flickr New York City has a buoy helping it resist the receding economic tide: Tourists. In particular, foreign tourists who are relatively flush with currency that has strengthened against the American dollar. The city's marketing agency NYC & Company says tourism increased by one million visitors during the first quarter of 2008 versus the same period in 2007, and that 20% of those visitors arrived from abroad. And......

Continue Reading "Foreign Tourists Are NYC's Economic Safety Net"

February 7, 2008

In a sign of these struggling economic times, more than a few New York businesses are making it clear that money is money, whatever the currency. Reuters spoke to a few business owners who explained why they are open to moneys from foreign lands. East Village Wines' Robert Chu said, "We had decided that money is money and we'll take it and just do the exchange whenever we can with our bank...[S]ome days, you'd be......

Continue Reading "Move Over, Dollar - NYC Stores Accept Euros"

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