a lot to offer which is why seventeen million tourists come every year the city is now trying to stem the flow renting apartments to holidaymakers there s no subject to registration and no new hotels are allowed to open the city has also stopped advertising. and there s a new strategy. so what we ve decided about a year ago is that we re have implemented a new zoning policy which basically says that we are reducing or we re limiting the number of shops that cater exclusively to tourists so no more new shops that cater to tourists and that she s company is an example of that. the myriad of souvenir shops and fast food places have become a thorn in the local side many welcome the move that s been coined operation nutella for the countless nutella stores. i think just perfect.
today in frankfurt that there s a big takeover the tech can you tell us. yes investors here are pretty excited about a new acquisition in the tech park in the tech market pay paul the website or after the famous with about that now you can use for every kind of online payment has bought i that phillis we dish mobile payment company that sells credit and also debit card readers that then can be plugged into your smartphone or into your tablet and we are learning that paper will be paying two point two billion u.s. dollars for this take off well why do investors care about this well the move boost paypal s in-store presence at a time when competition in the online payment sector is increasing paper ones also to increase their presence even more here in europe especially europe is very much behind when it comes to digital payments countries in asia like china are way ahead
has also decided enough is enough new shops abound from the opening of the historic center if they re made in the cater to tourists. this is the amsterdam cheese company s top product a ten month mature guta also available in a gift box with a well known dutch painters name on it couldn t call for open the fifth branch of his store last october in central amsterdam but at the same time a banner came into force that prevented the opening of new tourist shops the. rest i don t know if you re going to sold anything by closing a cheese store i think what you need to do and those are very serious and difficult discussions is to look at the demand side how are we going to manage that so many people come to these european cities and how will that so many flights coming in at so many bookings are innate and the seasons need to be made on that level i m certain m. is a vibrant place with
help locals but except too much and you risk overcrowding and angering citizens budget airlines and cheap accommodation make it much more easier to travel i mean top destinations are taking drastic measures to cope just take venice and with its twenty two million tourists a year that can be a crowd control problem the city has now set up gates at the entrances to the historic center to help control the flow of bungling travelers and prevent bottlenecks now arms down has also decided enough is enough new shops are banned from opening in the historic center if they mainly cater to tourists. this is the amsterdam cheese company s top product a ten month mature guta also available in a gift box with a well known dutch painters name on it couldn t call for open the fifth branch of his store last october in central amsterdam but at the same time a banner came into force that prevented the opening of new tourist shops.