Europe’s GI Newpaper Will Raise Its Prices
The European edition of Stars and Stripes newspaper, a main source of news for U.S. soldiers, is raising its prices due to inflationary pressures that caused losses of more than $570,000 last year.
The daily newspaper claims a circulation of 200,000 and currently costs 25 cents.
As of Feb. 1, the price will be 35 cents Monday through Saturday, and 50 cents for the Sunday editions.
The European edition has been hurt by the falling value of the dollar and a readership drop caused by troop withdrawals from Europe, the newspaper quoted its publisher, Col. Gene E. Townsend, as saying.
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