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Euro crisis threat to US business travel

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Deutsche Bank office in Berlin.

Euro crisis:A prolonged crisis in the Euro zone would cause severe harm to the United States, with a possible loss of $88 billion generated from declining trips and spending, according to GBTA (The Global Business Travel Association). In a new report, GBTA lay out three scenarios. The most severe, with widespread bank failures in Europe, would cause cancellations of 76 million trips, a 9% decline in trip volume.

The Editorial Staff of