Thursday, 6 August 2015

Strong pound a bonus for holiday makers

The recent strength of the British pound against the Euro is proving a bonus for British holidaymakers heading to Europe.

Also noticing it myself has have been in Italy for the last 2 months.

"British graduate Alexander Troop has the Bank of England to thank for making his last vacation before starting work a memorable one.
The 24-year-old trainee lawyer joins an upswell of holiday makers taking advantage of a surge in the pound as higher U.K. interest rates loom. Sterling’s near the strongest level since 2007 versus the euro and has climbed against every major currency this year except the Swiss franc."

http://www.bloomberg.com/news/articles/2015-08-05/drinks-are-on-carney-as-britons-abroad-embrace-pound-s-strength

Sunday, 2 August 2015

Immigration/refugees in to Europe a big issue

Hi

An issue that concerns several EU countries.

In Italy an anti immigrant stance by the  Italian right wing Northern Leagues political party helped them sine more votes.:

"He is virulently anti-immigrant, has called for Roma camps to be razed and once referred to the euro as a “crime against humanity”. Matteo Salvini, the bombastic rightwing leader of Italy’s xenophobic Northern League, has even accused Pope Francis of doing a disservice to Catholics by promoting dialogue with Muslims.


None of this appears to be doing him any harm at the ballot box. On the contrary, in the divided and economically battered Italy of 2015, it seems to be a winning formula. The 42-year-old is riding high after his party made significant electoral gains in central and left-leaning parts of Italy, results that reflect growing opposition to the EU and concern over the thousands of migrants landing on Italy’s shores each week."

Quite an extreme view.http://www.theguardian.com/world/2015/jun/01/northern-league-gains-italian-elections-matteo-salvini