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Pound to euro hits 1.25 as Spain nationalises Bankia

The pound hit its highest rate against the euro since 2008 this week, as well as breaking the hugely symbolic 1.25 point, as Spain’s nationalisation of Bankia as well as electoral chaos in Greece pulled the euro down.

May 11th, 2012 | Posted in Expats, Spain News | Read More »

Pound slips on surprise UK GDP downturn

The UK pound lost a cent against the euro this week, as data reveals last quarter’s contraction in the UK was a bit deeper than previously thought.

March 31st, 2012 | Posted in Expats | Read More »

UK pound to euro exchange rate stable as outlook darkens

The UK pound held firm at 1.20 this week, in spite of challenging data from both Britain and the eurozone.

March 23rd, 2012 | Posted in Expats | Read More »

Pound to euro stable as central banks hold rates

The pound to euro exchange rate has stood stuck still within its 1.175-1.20 range this past week, replicating a pattern it has adopted since the start of 2012. This is because economic prospects in neither the UK nor the eurozone look set to impress, keeping fluctuations to a minimum.

March 10th, 2012 | Posted in Expats | Read More »

Euro stumbles as Greece ups its brinkmanship

The soap opera in Greece took another laborious turn this week, prompting investors to flee the euro in lieu of the pound.

February 17th, 2012 | Posted in Expats | Read More »

Is Greece poised to give the euro a boost?

Is Greece about to lending a helping hand to the euro against the pound? It could be, following reports that Greek officials are nearing an agreement with bondholders regarding a debt haircut.

January 30th, 2012 | Posted in Expats | Read More »

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