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Tourism buoys southern Europe's 'Club Med' nations
Tourism buoys southern Europe's 'Club Med' nations
by  AFP

Derided as "Club Med" nations during the European debt crisis 15 years ago, the economies of Spain, Greece and Portugal are now outperforming their northern peers thanks to a rebound in tourism. Darvas said the "convergence" of southerrn European nations with northern ones "is likely to continue" but at a "slower pace".

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