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Less power.

THE purchasing power of British holi-daymakers has declined in nearly all the major European holiday destinations, research out today shows.

Travellers to Spain this year will find their money going 16 per cent less far than in 2002, figures from Halifax Travel Insurance said. Purchasing power in Italy has fallen 14 per cent, while Germany is down 13 per cent, France down 12 per cent and Greece down 11 per cent.

Britons would do best to head for non-EU country Switzerland, where purchasing power has risen 23 per cent since 1996.
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Publication:Birmingham Mail (England)
Date:Feb 24, 2006
Words:91
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