Picking Destinations Based on Exchange Rates

Originally the single currency was intended to be a great leveller across the entire Eurozone. This never happened and you will still pay more for Diet Coke in Paris than you will in Athens. The turmoil we have had recently right up to this weekend’s (9th/10th of June 2012) €100Billion bailout of Spain’s banking sector …

Travel Money – Tips For Keeping Your Money Safe Abroad

When I was doing the research for this article the first reactions of everyone I spoke to was “pickpockets” and/or “money belts”. These are prefectly valid concerns but things have moved on in the last ten years and most of us are actually carrying contactless debit and credit cards. I will leave you to think …

European Exchange Rates 2012 Update

Interestingly our original 2009 article on whether the Euro was overvalued discussed the chances of a Eurozone meltdown. At that time we were getting less than €1.20 to the pound.  Professor Hans-Werner Sinn, President of the International Institute of Public Finance, was quoted as saying that he felt the Euro was overvalued. Professor Sin was …