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Cheaper holidays in Europe next year?
 Poster: A snowHead
Poster: A snowHead

http://www.ft.com/cms/s/0/06430cda-fab8-11de-a532-00144feab49a.html

Greece's economic woes have contributed to a weakening in the euro and many predict that 2010 will be a make-or-break year for the single currency. Newsnight last night gave a very bleak outlook for its future and said that France and Germany had to decide whether or not to save Greece from economic implosion. A decision to do so, or not to do so, would hit the euro hard - either through Greece's economic collapse or France and Germany having to bail out the country - this bodes well for those of us finding that a 1.1:1 exchange rate against the euro is a tough pill to swallow.
latest report
latest report
 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person

If they chose to bail out Greece then the expectation would be that the rest of the PIIGS* would have to be supported as well and FrancoGermany isn't that rich.

*Portugal Ireland Italy Greece Spain
ski holidays
ski holidays



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