Greece and the Euro.....

[aj2703]

if greece does pull out of the Euro, would this mean against the UK Pound would it tumble?.

I booked my Christmas trip on the French site deliberately just in case this happens. I only paid a deposit with the rest being paid in November. Now forgetting about the wider implications of them pulling out from a currency exchange perspective would it tumble much and would this mean that when I come to pay the rest off would it be cheaper?.

 

[Ware Bears]

Well, the pound has really strengthened recently against the euro (the rate was similar to what we were getting 10 years ago) but I thought it would rise again this week yet it seems to be the dollar that the investors have turned to and the pound/euro rate has dropped slightly. You could end up paying less for your holiday or it could go the other way and you end up paying more. Need a crystal ball here then we'd all be rich!

 

[aj2703]

Yeah it's a guessing game ha ha. Still fingers crossed