The Myth of a Weak Euro

I’ve heard it said time and again: the Euro is weak, the Eurozone a busted flush. And the strange thing is that no-one seems to contradict it. I’ve been living inside the Eurozone for almost 10 years now. My income is in pounds sterling which I have to convert into Euros for my day-to-day spending. I can tell you from personal experience that the Euro is not as weak as the pound. When we first moved here, late in 2006, a pound would buy 1.5 Euros. After the 2008 banking crisis, the two currencies came close to parity. This was … Continue reading The Myth of a Weak Euro