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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (92811)	7/24/2012 6:47:26 AM
From: Snowshoe	Read Replies (1) \| Respond to of 217688

Chefs in Spain Must Adapt to Economic Crisis or Fail nytimes.com Spain may be revered as the home of gastro chic (or cocina de vanguardia, as it is known here), yet its hospitality industry is reeling, in a country with the highest unemployment rate in Europe (24 percent), where the budgetary shortfall has recently forced the government to raise taxes, threatening to erode further consumption. Those forces are battering restaurants, from high-volume taverns like Mr. Garcia’s to upscale dining rooms that once catered to bankers and politicians. ***** The worst year for the industry was 2009, when 5,000 restaurants and bars closed, according to an annual market report issued this year by the Nielsen Company in Spain. But the disappearance of restaurants has continued with the relentless force of La Crisis: 4,000 in 2010 and 3,000 in 2011, reducing the total to 220,000, the lowest number since 1997.