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Investing in Europe’s holiday hotspots

For savers who can’t stay away from their portfolios, some suggestions from FT correspondents

Just as some people cannot leave their work alone when they go on holiday, others cannot stop thinking about their investments. Always eyeing up a new idea, even when markets are in turmoil as they are right now.

Sad, perhaps. But we all know such people — indeed, dear reader, you may be one of them. So for the benefit of those UK savers who can’t take a break, FT Money has taken soundings from FT correspondents on the stock markets in European summer tourist destinations. If you are bored with the beach, sick of the sights or just tired of relaxing, we have pulled together for you a bagful of financial titbits from France, Spain, Portugal, Italy and Greece.

As elsewhere in the world, European markets are generally down this year, with the Euro Stoxx 600 index falling 14 per cent. Fears of inflation and rising interest rates are taking their toll, with the European Central Bank this week lifting its key rate for the first time in a decade, to 0.5 per cent. The Ukraine war has had a particularly severe impact on the continent, with many EU members dependent on Russian oil and gas.

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