PANAREA, Italy (TheStreet) -- Just around now through the end of August, summer high season sets in across much of coastal Europe.If not already there, the yachts are well on their way. On the beach clubs of Porto Cervo, there's almost nonstop popping of Champagne corks. The cafes of Capri, even the mediocre ones, begin to overflow onto the street. The harbors of Hvar and Bodrum fill with glossy 150-foot yachts.
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