 Poster: A snowHead
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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It's packed lunches on the chairlift for me. Can't avoid paying for the lift pass. Half board accommodation is better value than eating out every night. Duty free drinking in the chalet instead of drinking out so much.
I bought €300 yesterday they cost £217 - ouch.
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You need to Login to know who's really who.
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That was a typo they cost £271.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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£217 - ouch...... £271 - whoa!!!!!
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You'll need to Register first of course.
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| Quote: |
Surely this is going to hammer the crap out of us this season. It's gonna amount to a 40% increase on the price of a beer.
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I was reminded of the joys of Austria 2 weeks ago.....3 euros for a large beer - which amounted to a 50% price cut  when compared to the French prices that I'd got used to!
Then there was Poland last winter - limited skiing at Zakopane (good snow and a great experience though) but about 70p a pint and £20 odd a night for a 4 star hotel.
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my first ski holiday in jan and the rate is awful
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Last year I needed 350 Euro for a week and it cost me around £250.00 @ say 70p per Euro
I will still need 350 Euro this year and it has just cost me around £300.00 @86p per Euro
Annoying, but still only £50.00 extra
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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Good think about the rate is that farmers subsidys are set in Euros. This year the rate is giving us an extra £1000.00
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Johnboy,
Thats' £50 for one.
I've just added up the difference in price for a family of five in lift passes, am ski school for kids and average ski hire on Euro 1.40 (last year) against 1.15 (which it is this morning).
I make it £200
Throw in the extra for food and drink (I'll be self catering) and it'll be more like £250.
Now obviously if I'm going away I'm not yet skint, but £250 extra is not insignificant. And that's before we lose an extra 20% on the pound between now and Easter.
I hope it's a good holiday, as it could be the last for a while at this rate !!!
d
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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where is the best place to exchange money?
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Skola, if you are flying, usually by booking online with Travelex, and picking it up at the airport (one in Eurotunnel terminal too). Best of all is to use a Nationwide debit card in a cash machine in resort.
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You know it makes sense.
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pendodave,
If you're going away at Easter buy your euros now. If you can pay for your lift passes now. Whatever you can pay for now that is priced in euros buy it now. Ski hire pay now. Just make sure you actually get out there after paying for everything.
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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welshflyer, Have you got inside knowledge?
Do you know for sure that the exchange rate is only to get worse for us exchanging pounds.
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Poster: A snowHead
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i got told about using a card in resort is supposed to give as good of an exchange rate than getting in england before you leave can anyone confirm this?
Cheers
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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aw-hicks, Nationwide debit card. Flex Account
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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You need to Login to know who's really who.
You need to Login to know who's really who.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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No and No.
Let's hope I'm wrong.
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You'll need to Register first of course.
You'll need to Register first of course.
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welshflyer, totally agree, lets hope
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Helen Beaumont, I just set one up. I'm toying with buying more Euro's in advance but I can't help thinking the EuroZone economies are actually any healthier than the UK 
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david@mediacopy,
The Eurozone was set up in order to create a more diversified economic block to rival the other big economies (USA & Japan, although that's gone down the tubes).
We should have been taken into the euro years ago. However we have the usual short sightedness of we're doing better than the Eurozone so we won't join, that's the usual short term gain not looking at the future long term pain.
Our economy is too heavily dependent upon the Financial Services Sector and look at the mess we're in. Blair & Brown should shoulder the responsibility for this shambles. The Eurozone isn't so dependent on one business sector and therefore should do better than us.
If I hadn't moved my money to 6 month and 1 year accounts I would be moving it to a euro account.
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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| Quote: |
We should have been taken into the euro years ago
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yet we are still surrounded by people telling us how much better we can do it ourselves, rather than let "johnny foreigner" have anything to do with it. The arrogant jingoism which characterised the height of the British Empire is alive and well.
I'm sick of hearing on the one hand how hopeless the economic management in euroland is, and on the other hand about another drop of our currency against theirs since it was launched nearly 7 years ago. I don't understand.
For self caterers, makes sense to take some high cost, low bulk, items from the UK.
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pam w,
I dont think we should make the decision about wether to keep control of our own monetary policy simply to make self catering cost on ski holidays more affordable.  Overall the £ long term trade weight with Euro is about 1:1.40, and in the medium term it will return to this. For those that have'nt noticed the Eurozone is contracting too, Germany and Spain a little faster than us, not that there is any reason to gloat and we need the Eurozone to expand so they can buy our goods and services!
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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JimSearle, surely buying your goods and services would be a more attractive prospect if it was possible to do it without messing with currency exchange?
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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pam w, superb post.
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JimSearle,
I don't want to carry on with this discussion because I really get wound up with this one.
Yes our exporters benefit from a weaker pound, however they can't export to the US now because of the economic mess. The recession in the Eurozone won't be as bad as ours but yes they are having one. Germany and Spain will have a worse time than other Eurozone Countries because like ours they were the ones with the UK most exposed to the Global issues.
That's my last posting on this issue. I want to go skiing on Sunday in a happy state of mind.
Happy Skiing Evryone.
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You know it makes sense.
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Out of all the Euroland countries it seems that most of the economic output comes from France and Germany. Germany is having a hard time leaving France which seems to be least effected (though I hear that Renault are laying people off).
Italy, Spain, Ireland, Greece and I guess (not being an economist) most of the newer countries are not going to be making much of a positive contribution, hence my comment regarding the Euro not being any healthier than ours.
welshflyer, Originally, was it not all about ensuring food production in the wake of famine after the war ? Hence the Euro agricultural policy ?
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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I wonder how the likes of the Baltics and the Balkans feel about all this. They will have had Euro membership on their fiscal agendas since joining the EU, and some have tried to join and failed to meet the requirements in the past. Have they dodged a bullet?
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Poster: A snowHead
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david@mediacopy,
The EU's original name was the european coal and steel community (1951), its aim was to integrate the coal and steel industries of the 6 founder nations to the extent that a future war between them would be impossible. In that aim the founders have been far more succesful than they could have ever imagined, prob the biggest achievment in Europe in a couple of millenia.
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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| JimSearle wrote: |
| .........to the extent that a future war between them would be impossible. |
That sounds familiar. As you say it looks like job done (for the moment).
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| david@mediacopy wrote: |
| Germany is having a hard time leaving France |
What, still?
Sorry, couldn't resist, but it did make me chuckle.
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You need to Login to know who's really who.
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Just walked back from the pre-Christmas party for the folk who go to our local French classes. The exchange rate up at the Co-op in the village was a smidgeon under 1.08.
It will make it easier to work out what things cost, anyway. Parity by Christmas?
I don't doubt there are all kind of long term structural question marks about euroland. But just for now, the international currency markets clearly fancy their prospects over ours.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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On the bright side for me... living in England just got considerably cheaper!
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You'll need to Register first of course.
You'll need to Register first of course.
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Hey Pam W - that wouldn't be a certain pre-Christmas party where my husband and yours were discussing the virtues of Les Saisies and Le Grand Bornand would it? Small world!!! 
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pam w, Have to disagree re taking the Euro, have lived and worked in a few European contries and although I liked them all bar one there are a few more Jingoistic than the UK with less reason to be.
The problem with the Euro, unlike the Dollar is that national pride will always have an effect on its managment policy. The Zone will always be German/Franco centric, good luck to them they were instrumental in setting it up however whats good for them may not be good for Lithuania or Portugal. I have also witnessed incredible wide spread corruption and to be honest, idleness in one member state that stagerred me, and it is the EU as a whole that pays for it. As a trading zone with common areas of regulation I agree its a great idea and works well in some respect but the idea of the EU as an extended federal state is just massaging the egos of some politicians
We may be facing a few problems and the present government may or may not be the best to get us out of it but I would rather retain as much control as possible over certain areas and fiscal policy is one of them.
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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Gilberts Fridge, I quite agree.
What is it now 23 members? One interest rate will be right for one of these 23 countries. 22 EU economies will have the wrong rate for their inflationary and investment requirements. Witness the freefall collapse of property prices in Spain and Ireland. These make our property market troubles look insignificant. Spanish prices have lost 50% in two years. Were these countries outside of the Euro, they would likely have used interest rates to stifle unsustainable property inflation but the option wasn't open to them.
The low exchange rate isn't all bad news, in fact it is very good news for UK businesses that export to the EU. There are far more of these than you may imagine and the low exchange rate will secure UK jobs by making our exports cheaper than those from within the Eurozone. It is also very good news if you own property abroad. Its value has increased approx 35% in the last year.
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| Quote: |
The low exchange rate isn't all bad news, in fact it is very good news for UK businesses that export to the EU. There are far more of these than you may imagine and the low exchange rate will secure UK jobs by making our exports cheaper than those from within the Eurozone. It is also very good news if you own property abroad. Its value has increased approx 35% in the last year.
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Yes, we're just moaning about our beer prices, really, and I'm very happy for the exporters, honest. My property might have increased in (sterling) value by 35% in the last year but that's a bit theoretical as I don't intend to sell it (and French prices are weak, if I did). But I still have to cross the exchange rate to pay taxes and charges etc. As well as the beer.
I'm sure there are loads of economic arguments both ways about the euro but I'm equally sure the average man in the street knows no more about them than I do. Less, probably. His reasons for being so rabidly anti-euro are mostly emotional and largely ignoble.
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FAQ
It's gonna amount to a 40% increase on the price of a beer. 
