Reply With QuoteIMHO Dump - Dead Man Walking :shock: ?
Regards M
What you chaps think, dump or stick with it?
Fas est ab hoste doceri
IMHO Dump - Dead Man Walking :shock: ?
Regards M
Interesting thought. I've got 100 odd Euros left over from this year's holiday. Normally I just keep them till next year, but I think I might take the exchange rate hit and change them back.
I think it depends if you intend to return to Euro zone soon.
Same here i was going to wait until next year when they start to go up again or keep for a holiday if i'm in the EU but may just stick them in now.Originally Posted by hogthrob
For £100 it isnt really worth the effort and the exchange rate spread to change them back into £...
Ohhhh Check her! ^
We live in interesting times; most professional commentators think that the euro will live,( look at the effort and money which has been poured in to maintain the momentum of the Projet), perhaps with a different core of countries, the stronger ones, e.g, germany, netherlands, france.What you chaps think, dump or stick with it?
The weaker ones will leave, or remain as satellites of the EU.
If this scenario pans out, then it makes sense to retain euros from the stronger countries (all notes have a code which denotes country of origin), and predictions are that they will appreciate in value against current euro levels.
If you want a gamble you could convert all of your spare £`s into euros .......and enjoy some sleepless nights whilst the whole thing pans out! You might win, you might lose!
Usual health and safety warning to be applied to this advice.
Jim
Unless you're sitting on a big pile of Euros it isn`t worth worrying about.
Paul
I think they are only heading down in value until the kick Greece & possibly another out then I would buy all that I can as once they start running it as a proper currency I think it will become very strong.
What will eventually happen is the larger more stable economies (Germany, France, etc) will demand, and get, control over the economies of the trouble makers (Greece, etc) in order to prevent their fiscal irresponsibility and weak economy from draging down the entire EU monetary system.
The EU will eventually become a federal state, this will be the first step.
Please, don't mention France as one of the stronger countries! Until today it they hadn't figured out that that it would be a good idea to raise the age for retirement from 60 yo 62 y/o. Now, the government talks about a 7 billion euro cut, including raising the age of retirement...perhaps with a different core of countries, the stronger ones, e.g, germany, netherlands, france.
The only strong countries are Germany, Holland and Finland. Overhere in Holland, there are voice calling for a Neuro (Northern Euro) and a Seuro (Southern Euro) - I must add that 'Seuro' is pronounced in Dutch as 'Zeuro' and that means 'Drag', 'Old F*rt'...
A good example of what will happen is Switzerland: the Swiss Franc is going through the roof these days (SFr vs Euro) and the Swiss are not happy with that. The wintersport hotel owners are facing big problems: they cannot fill the hotel rooms for the next season: the rates are up with 20%!
Menno
I was being polite.Please, don't mention France as one of the stronger countries!
And bearing in mind that it was france and germany who have just brought down the greek government and prime minister, and who seem to be calling the shots in euroland these days. That`s strength. One shouldn`t ignore the new napoleon.
Last time I was in Holland, May this year, not many liked the idea of remaining in the euro. Perhaps it`s a split between what the people want and the government
Jim
We stopped for a night in Lausanne in the summer, and went to a local bar. One pint and one half of lager came to £11! At those prices, no wonder it's tough times for Swiss tourism..
Cheers,
Plug
The Euro will stick around for ever and we will join it in 10 years.
I will be there sooner if Alex Salmond gets his wish.
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