This tag is to be used for the Euro currency as used by countries in the European Union.
1
vote
0answers
46 views
How can a beginner start an investment portfolio in Europe (France)?
I have been lurking, reading information about personal finances for a few months (if not years) now, but I didn't get the chance to start because I don't know where to start.
Here is the thing: I am ...
1
vote
1answer
44 views
Most expeditious way to convert EUR to USD?
I recently visited Frankfurt for a week and was lucky enough to have in my possession:
a) A credit card with no foreign transaction fees
b) A debit card from a credit union that allows free global ...
1
vote
1answer
48 views
I’m going to Russia. Where should I exchange my currency?
Is it better to go abroad with euros? What is the best kind of place to exchange currency?
2
votes
0answers
22 views
Nonresident Travel Money (Card or Bank Account) Solution with Emergency Cash Feature in Euros?
I'm from the new EU so my country's banks are not that advanced that they can offer me this feature. So this will be a nonresident account for travel money.
The solution I am looking for is like ...
0
votes
2answers
382 views
Why EUR price value is often the same as original USD price, but GBP value is correct?
Since the very beginning of accepting EUR payments in 2002 I often see there is the same EUR price value as original USD price.
Many international suppliers, stores, e-shops offer the same stuff in ...
7
votes
3answers
457 views
Why did the Swiss National Bank fix the EUR/CHF exchange rate at CHF 1.20?
Two questions actually:
Why did the Swiss National Bank fix the EUR/CHF exchange rate at EUR 1 = CHF 1.20 as of September 2011?
How are they making sure that the exchange rate stays at CHF 1.20?
...
4
votes
1answer
166 views
How do I evaluate risk exposure to my U.K. bank in light of the possible collapse of the Euro or Eurozone economies?
I understand there are concerns about runs on banks in Eurozone countries like Greece and Spain. Should this happen, it might put pressure on banks elsewhere.
How can I evaluate the risk exposure of ...
5
votes
4answers
761 views
How to change a large quantity of U.S. dollars into Euros?
What is the best way to change $30,000 dollars from the U.S., into Euros to Europe ?
Is an international bank account the best solution? If not, then what?
1
vote
1answer
103 views
Short term savings
I want to save about €1500 ($2000) in 5-7 months and then take out the money and buy something specific. There is a pretty low probability that I should need some of it during the first 4 months, but ...
4
votes
2answers
220 views
What are the risks of euro deposit accounts in Greek and Cypriot banks?
What is the risk of having 100k euro in accounts in Greek banks and Cypriot banks?
Is there a guarantee?
I assume that the state guarantee for deposits doesn't hold when a country defaults.
3
votes
2answers
101 views
Money transfer to the U.K
Has anyone used a peer-to-peer option for sending money abroad? I pay a mortgage in the U.K. and am looking at the likes of CurrencyFair or Transferwise to exchange my Euro. Are there any hidden ...
1
vote
1answer
86 views
Could I use credit default swaps (CDS) to protect myself against decline of the Euro? Or, what else?
I'm not sure what will happen to the Euro. What options do I have to assure that my capital will not be diminished, in the event something bad does happen to the Euro?
Are credit default swaps (CDS) ...
3
votes
2answers
596 views
When is the right time to convert Canadian dollars to Euros during a sabbatical abroad?
I'm planning a one-year sabbatical in Europe, starting in January 2012. I have a year's worth of expenses saved in Canadian dollars. I'll need euros for day-to-day transactions while abroad.
What ...
0
votes
3answers
135 views
How do I prepare for the possible inflation of the euro?
Lately there's been a lot of fear being spread about the health of the Euro. I am not panicking, but I'm a bit worried about my savings. So here's my question. What is the best way to prepare for the ...
1
vote
2answers
537 views
Why do the 1 and 2 euro cent coins exist and why are they used?
Let's say I go to the supermarket. I buy some milk priced at 2.34 €; at the cash I'm expected to either give 2.34 € (not 2.30 €) or give 2.35 € and wait for the 1 cent change. If I say I don't want ...
1
vote
1answer
687 views
How to send money from europe to usa EUR - USD?
What's the best way for transferring money from Europe to the USA and vice-versa?
With best I mean lowest fees and a good exchange rate. To the best of my knowledge banks are usually bad with both. I ...
4
votes
1answer
188 views
To minimize spread costs in Shopping Online
I get my income in euros. I need to pay stuff in USD because I use shops which base-currency is USD such as Dealextreme. I have Visa Debit card so not the real Visa, since I am a student but have ...
5
votes
7answers
816 views
How to make money from a downward European market?
The trader Alessio Rastani speaks in a BBC interview about the development of the Euro zone and his predictions are quite severe. He predicts a crash within the next 12 months but is also telling ...
7
votes
3answers
111 views
What will be the long term impact of the newly defined minimum exchange rate target from francs to euro?
Switzerland's central bank stepped in to stop investors driving up the franc on Tuesday, sending the euro up nearly 9 percent and stifling a tentative European stock recovery from sharp losses a day ...
2
votes
3answers
103 views
Using Euros to buy and sell NASDAQ stocks
I'm looking for the best way to buy and sell stock on the NASDAQ using Euros from Spain. I currently use Charles Schwab to trade in US dollars, but I'm not aware if any similar companies exist in ...
7
votes
3answers
1k views
How can a person protect his savings against a country default?
I'm a middle-class citizen, currently living in a EU country (Greece in my case). How can I protect my little savings (that I currently have in a Greek bank) against a country default, like the one ...
3
votes
1answer
240 views
If Greece decides to stop using the Euro, how would they implement it?
In particular, if they decide that they want to stop using the Euro as their currency, and have their own currency, how would that work?
Since greece euros are the same as other european country's ...
3
votes
1answer
109 views
Prepaid travel credit cards: Is there a low-cost card supporting top-up in multiple currencies, without conversion fees?
With reference to the CantonFX cards http://www.caxtonfxcard.com/cards_description.asp
Which card do I use if I need to use multiple currencies at the lowest cost & I only want to carry one card? ...
4
votes
1answer
323 views
Considering inflation, what's the value of Euro today (January, 2011) compared to 2005?
So what would be 1000 Euro from 2005 worth today (January, 2011), considering the inflation?
5
votes
6answers
565 views
What would happen if the Euro currency went bust?
Seems to be a lot in the news recently (Google Business news UK) discussing that the euro currency may not survive. They suggested it has a 1/5 chance of surviving the next decade.
What would ...
2
votes
1answer
750 views
2
votes
1answer
2k views
Which Canadian banks offer Euro currency bank accounts?
I'm looking to open an account in Euros, with a bank situated in Canada. Which banks offer this kind of service?
6
votes
3answers
841 views
What exactly happens to Euro if one of European Union countries goes bankrupt?
What happens if one of the European Union countries goes bankrupt?
Suppose I have money (bank deposits at local banks) in US dollars, Euros and local currency (I'm not in the US). Now one of EU ...
9
votes
1answer
195 views
Why could the serious financial woes of some EU member states lead to the end of the Euro?
I've been reading a lot about the impending bankruptcy of Ireland/Portugal/Spain etc. and how this could mean the end of the Euro.
I cannot connect the dots here. Why would this mean the demise of ...
4
votes
1answer
185 views
Should I change money from Euros (EUR) to Sterling (GBP) before I go away near the end of the year?
I 'have a friend' who is going away traveling towards the end of the year. She has a few thousand Euros which she is going to spend whilst she is away and was asking if she should keep it in Euros or ...
10
votes
6answers
1k views
When will the U.K. convert to the Euro as an official currency?
When will the United Kingdom switch to using the Euro? The main group of European countries have adopted it as a common currency and it appears this is the future direction. If not, what are the ...
