21 May 04
With Europe adding a further 10 countries into the EU. Britain is becoming more and more pressurised to turn our currency over to the Euro an idea i would prefer not to adopt because the pound is one of the strongest currencies in the world. I think it would be interesting to hear from people from countries that have already adopted the Euro and see what they think of the European currency and what they think it has done for their economy and whether they endorse or despise the curerncy. how many of you would like to go back to your old currency????
Thanks,
Crocster.....
🙂🙂🙂🙂
21 May 04
Originally posted by CrocExpensive!
With Europe adding a further 10 countries into the EU. Britain is becoming more and more pressurised to turn our currency over to the Euro an idea i would prefer not to adopt because the pound is one of the strongest currencies in the world. I think it would be interesting to hear from people from countries that have already adopted the Euro and see what they t ...[text shortened]... many of you would like to go back to your old currency????
Thanks,
Crocster.....
🙂🙂🙂🙂
That's the first word to come to mind when thinking about the euro.
Take a can of diet coke. 33cl.
It used to cost, here in Holland, 80 cents in the supermarket. After the introduction of the euro it costs 45 cents in the supermarket. That's 99 cents. So, within the space of 3 years(??) it's increased by 19 gulden cents.
What about this same can of diet coke in the petrolstation, along the motorway?
It used to cost 1 gulden 50. It now costs 1 euro 11. That's 2 guldens 42. that's an increase of nearly a gulden! In fact, SHELL have just put up their prices. Did the can of diet coke go up 1 cent? 2 cent? No. It went up 10 cents! That's another 22 gulden cents on the price. In one vile swoop.
Everything has become so expensive. And the wages haven't increased.
However, I don't think the choice in Britain is between the pound and the euro. It's between the dollar and the euro. Which one do you wish to align to.
21 May 04
Originally posted by shavixmirI have travelled to Ireland many times over the last few years, and was amazed by how much everything changed when the Euro was introduced. I used to get a pint of Guiness for 1.50 in Irish punts and in aquivalents to just over a English pound (Roughly) now has cost as much as 4 Euro's for a drink now. I used to love the Entertainment on a Sunday evening in Ireland, but now it is almost gone because they cant afford to pay for all the live music that they used to. A group of us go on football tour every year and we used to go with £160 and get change after a weeks drinking. now i am lucky if it isnt almost double that amount.
Expensive!
That's the first word to come to mind when thinking about the euro.
Take a can of diet coke. 33cl.
It used to cost, here in Holland, 80 cents in the supermarket. After the introduction of the euro it costs 45 cents in the supermarket. That's 99 cents. So, within the space of 3 years(??) it's increased by 19 gulden cents.
What abo ...[text shortened]... e pound and the euro. It's between the dollar and the euro. Which one do you wish to align to.
Croc 🙁🙁🙁
21 May 04
Originally posted by Croc[Economics lesson]
an idea i would prefer not to adopt because the pound is one of the strongest currencies in the world. 🙂🙂🙂🙂
Why is having a strong currency good? Weak and strong are really misleading labels for currencies, everyone seems to see strong as good and preferable, weak as bad - hence the furore is the US over the dollar devaluation.
The Euro is currently far stronger than the pound, by the way - EU economists and politicians are terrified of ending up with the world's only strong currency, as this will kill all hopes of a manufacturing-led recovery. [/Economics Lesson]
Euro itself is terrific - I was living in Duesseldorf at the time of the changeover and didn't notice any increases in prices, though Die Bild claimed there were loads. It was possible to get on a train to Milan or Amsterdam with no worries about currency whatsoever. Given how popular Ryanair is in the UK, I'm suprised there hasn't been more support for the Euro.