Reported 2 months ago
According to a report by Visa, the Paris Olympics is revitalizing the French economy as consumer spending surges. The second-largest economy in the euro zone anticipates a 0.3% growth boost from increased sales in tickets, TV rights, and tourism. Data reveals that small businesses in Paris experienced a 26% rise in sales to Visa cardholders during the first weekend of the Games, with U.S. cardholders leading foreign spending at an increase of 29% year-on-year.
Source: YAHOO