View Full Version : Shouls Britain join the Euro currency.
WelshLad
April 6th, 2005, 04:48 PM
12/15 European Union countries adopted the Euro when it was introduced. I know its 25 countries now but they've only recently joined the EU. Anyway should the UK adopt the Euro? France and Germany etc. all gave up their currencies.
<-Dying_to_Live->
April 6th, 2005, 06:14 PM
i dunno how much ur money is worth in comparison to the euro, but a standard currency is much easier
Shaolin
April 6th, 2005, 08:32 PM
i dunno how much ur money is worth in comparison to the euro, but a standard currency is much easier
The British pound sterling is something like 60p (100p is a pound) to the euro.
To put things into perspective, if you have 2 US dollars, i give you £1 in exchange.
<-Dying_to_Live->
April 7th, 2005, 12:54 AM
no i meant like i didnt know how much welsh money is worth. is the british pound sterling welsh money?
btw 1 euro is $1.29 (if that L thing doesnt stand for euro, nvm)
Shaolin
April 7th, 2005, 09:39 AM
The Euro and the pound are stronger than the dollar, however the pound is stronger than both. So i think we should stick with the pound, unless the Euro economy get's more efficient and products are worth their price.
Ravenous
April 7th, 2005, 10:24 AM
The pound is worth much more than the dollar and the euro. We should keep it because if we did swap to the euro we would lose a lot of money in the change over and we would lose the high value of the pound.
Shaolin
April 7th, 2005, 10:32 AM
The pound is worth much more than the dollar and the euro. We should keep it because if we did swap to the euro we would lose a lot of money in the change over and we would lose the high value of the pound.
Not entirly, trade between EU countries would be far more efficient as we wouldn't have to pay high exchange rates for products from countries with very strong currencies.
Also it would be really useful to go abroad, as there would be no need to exchange money in europe.
However your right, the Euro is too weak for us to change too right now.
WelshLad
April 7th, 2005, 07:27 PM
no i meant like i didnt know how much welsh money is worth. is the british pound sterling welsh money?
btw 1 euro is $1.29 (if that L thing doesnt stand for euro, nvm)
€ is euro not L.
and yeh in wales we use the pound sterling, like england and scotland.
<-Dying_to_Live->
April 7th, 2005, 07:28 PM
oh i c
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