Posted: Wed Mar 17, 2021 2:46pm
Very helpful member
Andymac1951 wrote on Wed Mar 17, 2021 1:50pm:
I think you will find that in December 2008 the pound to euro was trading at 1.02. We bought our place in France in 2007 and received 1.40. The rate has fluctuated since but has never climbed back to the 1.40 rate either before or after BREXIT.
And dont forget when Spain first joined the euro you could get 1.60/1.70 to the pound
Brexit had little to do with the exchange rate longer term ,yes there was a knee jerk and drops and climbs.
the rate is set by the big money people and govs,take Soros for example
https://www.thebalance.com/black-wednesday-george-soros-bet-against-britain-1978944
he is the man that tried his best to stop Brexit by funding gina millers campaign
Posted: Wed Mar 17, 2021 2:52pm
Very helpful member
Doris wrote on Wed Mar 17, 2021 2:40pm:
I think you will find the rate was over 1-40 for much of 2015
and in 2013 an average of 1.17
2011 1.15
2010 1.16
Posted: Wed Mar 17, 2021 4:16pm
Very helpful member
hartcjhart wrote on Wed Mar 17, 2021 2:46pm:
And dont forget when Spain first joined the euro you could get 1.60/1.70 to the pound
Brexit had little to do with the exchange rate longer term ,yes there was a knee jerk and drops and climbs.
Read more...
the rate is set by the big money people and govs,take Soros for example
https://www.thebalance.com/black-wednesday-george-soros-bet-against-britain-1978944
he is the man that tried his best to stop Brexit by funding gina millers campaign
Well said, very true in my opini
Posted: Wed Mar 17, 2021 4:48pm
Very helpful member
Ian 77 wrote on Wed Mar 17, 2021 2:31pm:
Nope I bought in 2008 and it was very high ... the euro was poor. Then
Hi Ian, I suggest that you research the historic Pound to Euro exchange rate and you will see that I am correct.
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Andymac1951 wrote on Wed Mar 17, 2021 4:48pm:
Hi Ian, I suggest that you research the historic Pound to Euro exchange rate and you will see that I am correct.
I have to search nothing I know when I bought my house , and what the euro was so keep on smoking what your smoking
Posted: Wed Mar 17, 2021 8:19pm
Legendary helpful member
A question here, because I truly don’t know - can a bilateral agreement between Spain and UK change this? 90 in 180 is nothing to do with Spanish law - it’s Schengen rules, which all those countries in the Schengen abide by.
It’s a nice-to-have but I think a bi-lateral agreement with one third country nation may be opening a can of worms that other TCNs may demand similar opportunities be given them.
DarioMartin wrote on Wed Mar 17, 2021 8:19pm:
A question here, because I truly don’t know - can a bilateral agreement between Spain and UK change this? 90 in 180 is nothing to do with Spanish law - it’s Schengen rules, which all those countries in the Schengen abide by.
It’s a nice-to-have but I think a bi-lateral agreement with one third country nation may be opening a can of worms that other TCNs may demand similar opportunities be given them....
Read more...
...
I believe that quite a few countries will be re- aligning the agreement owing to the fact that effectively it will be a net loss to the country as an whole, you have to consider that there are lots of people that come over to Spain during winter as a getaway from the typical cold British weather, and will often stay for more than 3 months at a time, either at thier own property or in a let property, either way by imposing these restrictions it will impact on the Spanish economy in some form
Posted: Wed Mar 17, 2021 9:35pm
Legendary helpful member
Garyb2020 wrote on Wed Mar 17, 2021 9:15pm:
I believe that quite a few countries will be re- aligning the agreement owing to the fact that effectively it will be a net loss to the country as an whole, you have to consider that there are lots of people that come over to Spain during winter as a getaway from the typical cold British weather,...
Read more...
... and will often stay for more than 3 months at a time, either at thier own property or in a let property, either way by imposing these restrictions it will impact on the Spanish economy in some form
But with the greatest respect ... that’s what UK voted for - it was part and parcel of the deal. Can they now seek to change that aspect simply because it doesn’t suit them? They turned down freedom of movement, but now still want the benefits of it?
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