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I see this morning that the Euro is trading at almost 1.19 against Sterling. Hopefully Mr Cameron has done us Euro needers a favour.
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I agree with the stance,David Cameron has taken,It is about time we put a stop to the gung ho French and German attitude.
As for the pound being stronger against the Euro,It is not actually stronger,otherwise it would increase in value over other foreign currencies,which is not really happening.The Euro weakness should not be read as the Pounds strengh,Sterling is still in trouble,but led properly the Country can get straight again.At the moment the Euro has too many countries bleeding it dry.I personally think a month or two down the line will see a difference,in how we all think
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Well lets stay positive. We have had enough doom and gloom over recent times. I think that everyone could do with an upturn in fortunes.
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Well with a business based in Ireland but trading with the UK I have moved most of my banking to the UK inc savings and investments. I believe STG is still a much safer bet, and many business like me are doing likewise.... the downside is that Ireland & euro will continue to become haemorrhaged while this persists… but it’s me or them…. No contest
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I've seen the euro is 1.17 today... Lets see how long it stays this high....
_______________________ Property Management and Holiday Lettings
www.everylet.net
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1.1902 now....
I can see a 1.25 by march!
_______________________ www.taylorlandandpropertygroup.co.uk
still here after all these years!
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As Churchill would say, " Oh yes".
Thats the dog by the way, not Sir Winston.
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It would really be very interesting to see how the two currencies do over the next few months.
_______________________ https://sites.google.com/site/cancerbreastinfo
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On Euro Day, I think it was 8th Feb 2002, the euro was 1.64 (or a fraction more ) to pound.
Those were the days my friend !
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They may well return John ,They may well return
Hope so then we can all go back to CHEAP spanish holidays which will help SPAINS ecconomy
I wonder what the best ever POUND/PESETA rate was THE GOOD OLD DAYS 15p for a PINTA
Rod
This message was last edited by rod on 16/12/2011.
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I can remeber a pint costing 50 Pesata not 15 sorry.
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In 1962 a bottle of Sam Miguel in Barcelona was 3.5 ptas. (with 163 to the pound).
Full board in a 3 star hostal (Tossa del Mar) was £1 p.p. per night.
Having said that, I worked out how long I had to work to pay that, and a person in the same job today, would actually be working less time that I had to. So things are better.
Also, my first recollection in UK of a TV for sale was in about 1949. It had a 9" black and white screen and was £109. In 1967 I started work as an apprentice at two pounds eight shillings gross per 48 hours week.
We never had it so good as NOW
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Hi, For some time now the Euro has been grossly over-valued on the back of a strong Germany and a not so strong French economy. In reality there are too many weak countries with huge debt positions and the French will suffer big time as a result.. What has happened so far is that sticking plasters have been put on the symptoms in an attempt to hold the Euro together this has not and will not resolve the problems. It's time for the Euro to devalue to it's proper level to allow the weaker countries to improve their export positions as would happen naturally if Greece etc. still had individual currencies. Let's hope that Sterling doesn't weaken at the same time.
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G perry 15p was roughly 50 pesetas the P means pence
Sorry for the confusion
Rod
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I have a possible property sale schedule for completion in March/April 2012 ie with a low offer. Also I wll have to transfer the Euro (Or whatever currency Spain will have by then back to sterling ) Has anybody any thoughts on whether I should hang on to the property for a longer period to see what the situation will be later on or bite the bullet, get out ! and take a chance for March completion time
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Sales are so hard to come by, I think I'd take the money whenever it's available. Hope it doesn't fall through. Good luck!
_______________________ We have three rental properties, Villa Indiana in Ronda (Málaga) and Casa Montejaqueand Casa Rita in Montejaque (near Ronda, Málaga). Take a look at www.a1-holidays.net
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Thanks for that sensible advice Pablo
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Papa may I ask why the completion is so far away?
And which Nationalitie you are selling too?
Rod
This message was last edited by rod on 17/12/2011.
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if you have a sale lined up i would take it and just pray the euro holds together long enough without losing too much value.
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Buyer ( English resident ) in spain has to make some arrangements and yet to agree a price etc estate agent suggested it may be March/April remember Xmas/New Year in between
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