We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Weak Euro!
Comments
-
We could have joined the euro proper at more than 1.60 to the pound. Now we get less than 1.20, in spite of the euro's problems.sabretoothtigger wrote: »The uk pulled out of the euro about 20 years ago, been fine since.
But there's a limit to how long an underperforming economy that can't support its public spending can be bailed out by a soft currency."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
If the UK had joined at 1.60, we would now be in the same situation as Ireland0
-
-
Voyager2002 wrote: »I understood that the final payment was made about a year ago.
Paid off 31/12/2006 apparently0 -
I think it's inevitable that Portugal follows suit (from Ireland). Not quite sure about Spain. However, i would put money on Portugal going out first, which would then have a substantial domino-like effect on Spain.Young At Heart and Ever The Optimist: "You can't sell ice to Eskimo."
Waste Not, Want Not. - Reduce. Reuse. Recycle.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards