subject: Holiday forecast on the Euro, [print this page] However we enter the season for planning you holiday in 2010 do not think these countries offer better value for you Pound. Upon reading many currency and economy articles, it seems that the Governmental issues in so many Eurozone countries, like Portugal, Greece and Spain will allow the good old British Pound to hopefully commence recovery early in 2010 and by Summer 2010, may well be on its way back to 1.20 to 1.25 to the pound. The fact is as much as the British have lots to worry about, the Bank of England still decides its own interest rate, not the Eurozone and with so many Governments in Europe now at critical levels of debt, this may lead to a recovery in Sterling. The best advice is buy your holiday in Sterling and watch the exchange markets with great interest. Set up the homepage on www.bbc.co.uk to show the up to date Euro exchange rate and try and buy when it seems Sterling is recovering. The country of Portugal is economically in hardship, but the tourist industry is still booming, with meals from 4 a person to canecas ( as close to a pint as you can get) costing 2 and a bottle of red wine from 1 in the supermarkets, who needs to go too far afield and remember while Britain swam in puddles of rain all last summer the Algarve had nearly 4 months of blue skies and average daytime temperatures of 28. Book your holiday now with www.holidayhomes-algarve.com in Sterling and come to the algarve sunshine and enjoy the people and beaches of Portugal.
Holiday forecast on the Euro,
By: saintstommy
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