Europe hasn't been this cheap for Americans in decades

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Europe hasn't been this cheap for Americans in decades
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If you’re an American visiting Italy, Greece or Spain this summer after a travel hiatus during the pandemic, you’re in luck.

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.London

What's happening: The euro has slumped to about $1.03, plunging more than 8% against the US dollar year-to-date. It's now trading at its lowest level since late 2002.Most analysts don't think it's bottomed out yet. Predictions are flying around that it could even reach parity, in which one dollar can be swapped for one euro.

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