Author: Euronews

Euronews Business takes a look at which countries spend the most during the holiday season. ADVERTISEMENTChristmas brings together the costs of trees, decorations, and gifts, a blend that varies across nations. The EU Christmas tree industry holds a value of €1.5 billion. According to Rory Young, Chair of the British Christmas Tree Growers Association interviewed by The Guardian, fir tree prices can fluctuate significantly by location, ranging from approximately €29 to €75 for a 1.8-metre tree, marking a 7% cost increase.Europe’s natural Christmas tree production, estimated at nearly 80 million annually, is primarily led by Germany, constituting 25% of the market…