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#36268 - 11/08/04 11:48 AM Euro = $1.30?
El Boqueron Offline
Member

Registered: 06/09/00
Posts: 421
Loc: UK
A word to the wise. The Euro is on the up again against the dollar, looking likely to hit $1.30 soon. Commentators are attributing it to Bush's (apparent) lack of concern for the US budget and current account deficits. Added to notable price increases in Spain itself, Spain will not be the "bargain" destination for US travellers that it was just a couple of years back. frown

I don't see the rate coming back down any time soon if the deficit theory is correct.

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#36269 - 11/08/04 11:53 AM Re: Euro = $1.30?
Puna Offline
Executive Member

Registered: 07/07/00
Posts: 1437
Loc: Charlotte, NC. U.S.A.
for those of us not from the EU - doesn't do much for trips to our favorite country does it? frown frown frown frown
_________________________
emotionally & mentally in Spain - physically in Charlotte
http://www.wendycrawfordwrites.com/

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#36270 - 11/08/04 12:19 PM Re: Euro = $1.30?
Booklady Offline
Executive Member

Registered: 08/19/01
Posts: 1664
Loc: U.S.A.
Both the nature of the Euro and the rate of excahnge are important factors for the budget traveler. have been watching prices now for several years from comments made on the boards and from relatives in Spain, and indeed, Puna and El Boqueron are correct, Spain is no longer inexpensive for the tourist or for a resident.

I am planning my forthcoming trip and I figure I will spend in Spain now about the same as if I were to vacation in NYC, Key West ect. It's a treat and I love Spain! So I don't have to trade in my car yet!! laugh
_________________________
The world is a book, and those who do not travel read only a page.
--St. Augustine (354-430)

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#36271 - 11/08/04 12:31 PM Re: Euro = $1.30?
Fernando Offline
Executive Member

Registered: 07/05/01
Posts: 1551
Loc: Madrid, Spain
It has a side-effect smile Now it is a bargain to travel to US or to buy on the Internet in dollars (for example to buy in Amazon).

For the US it is very good: influx of tourists and a very positive effect on the comercial balance with Europe. For Europe it is just the opposite.

Shame on Greenspan! laugh

Fernando

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#36272 - 11/08/04 01:03 PM Re: Euro = $1.30?
Puna Offline
Executive Member

Registered: 07/07/00
Posts: 1437
Loc: Charlotte, NC. U.S.A.
Ah Fernando - you choose your postings wisely - it's good to see you back! wink
_________________________
emotionally & mentally in Spain - physically in Charlotte
http://www.wendycrawfordwrites.com/

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#36273 - 11/08/04 01:08 PM Re: Euro = $1.30?
Fernando Offline
Executive Member

Registered: 07/05/01
Posts: 1551
Loc: Madrid, Spain
Hehehe smile

Now that I have started to work full-time I have less time, so I have to be selective wink

Fernando

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#36274 - 11/08/04 02:29 PM Re: Euro = $1.30?
Booklady Offline
Executive Member

Registered: 08/19/01
Posts: 1664
Loc: U.S.A.
Congratulations, Fernando, on your new job!
yes, it's time for Mr. Greenspan to Retire to Florida!!! laugh laugh laugh
Saludos,
Carmen
_________________________
The world is a book, and those who do not travel read only a page.
--St. Augustine (354-430)

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#36275 - 11/08/04 02:33 PM Re: Euro = $1.30?
Fernando Offline
Executive Member

Registered: 07/05/01
Posts: 1551
Loc: Madrid, Spain
Thanks Carmen! wink

Fernando

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#36276 - 11/08/04 04:06 PM Re: Euro = $1.30?
Wolf Offline
Member

Registered: 01/25/01
Posts: 1235
Loc: Rockford, IL/Milton, WI, USA
Congratulations Fernando! I know you'll do great at your work. You bring reason to the table out here, and the same thing will hold true in your work.

With all that new found strength in the Euro, you might be able to squeeze a little time into your future travels to visit us here in the US.

I, for one, would be more than happy to have you visit.

Wolf

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#36277 - 11/08/04 04:18 PM Re: Euro = $1.30?
Puna Offline
Executive Member

Registered: 07/07/00
Posts: 1437
Loc: Charlotte, NC. U.S.A.
And I second that, Fernando! I know Charlotte isn't as intriguing as Boston was - but you might as well see as much of the country as poss. when you visit! smile
_________________________
emotionally & mentally in Spain - physically in Charlotte
http://www.wendycrawfordwrites.com/

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