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Euro continues to fall on Spanish budget, Catalonia doubts

The euro has again lost out against its main counterparts, but unlike last week, when the euro fell due to generalised nerves about the Eurozone economy, the common currency’s decline this time has a much more specific focus: namely, Spain.

September 28th, 2012 | Posted in Expats | Read More »

Euro gains as market awaits Draghi’s silver bullet

Super-Mario to the rescue? The euro has been the big winner in the past week, gaining ground against both the pound and US dollar. Oddly enough though, this isn’t because of anything that’s happened, so much as hopes regarding what might happen.

September 1st, 2012 | Posted in Expats | Read More »

Euro slides as ECB disappoints

ECB president Mario Draghi promised to do “whatever it takes,” to secure the euro, assuring his audience, “believe me, it will be enough.” Yet, when push came to shove, the Italian banker actually had very little to back up his big words.

August 3rd, 2012 | Posted in Expats | Read More »

Euro up as Spain, Italy take a stand

Rajoy takes a stand

Question: How do you get a powerful country to take you seriously? Answer: Threaten to veto absolutely everything on their agenda, until they listen to you.

June 29th, 2012 | Posted in Expats | Read More »

Euro declines on Spanish bank run rumours

The euro fell to its lowest point against the USD since mid-2010 this week, as concerns about a Greek exit from the euro and a Spanish bank run escalated.

May 25th, 2012 | Posted in Expats, Spain News | Read More »

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