Tag Archives: pound euro

The Reality About Estonia

I have been visiting Estonia for many years. Since the late 90’s.

I have a house there and (now) a Russian-speaking wife.

I think I have a unique perspective that locals  don’t have.

A bloke recently asked me:

What did you like/prefer then? (in pre-EU Estonia) Apart from being one of few foreigners in the country at the time.

Here is my reply:

There were always more foreigners around than you might think, but still relatively few.

I first went in 98 in pre-EU days, and went quite often with bits of business and later with dating.… Click here to continue reading this article

The Weak, Collapsing Pound against the Euro and Dollar.

As recession bites deeper into the United Kingdom, our usually strong pound has recently been derided as a “Peso Pound” abroad.

At the time of writing, a pound is worth $1-44, One Euro or Forty-One Russian Rubles. A collapse of over 25% in just a few short months.

Anybody with a second home in Europe or the USA, who did not stack ample cash reserves in those currencies already, will already be feeling the pain in the form of increased sterling equivalents when paying their Euro or Dollar denominated mortgages.

Anybody in the Euro zone or the USA who receives income in £ sterling will be similarly reeling, as are holidaymakers and importers.Click here to continue reading this article