More pounds in your pocket for Spain

Posted by & filed under Costa del Sol News, Currency News, Marbella Information, Marbella Real Estate.

THE good news is that the pound in the tourist pocket – and the spending power of British pensioners living in Spain – has been boosted in recent days. The European Central Bank’s decision to splash out €1.1 trillion on ‘quantitative easing’ to flood the money markets with cash has weakened the Euro, meaning more… Read more »

Euro to Pound Outlook: EUR/GBP Exchange Rate Weekly Roundup January 19 to 23

Posted by & filed under Costa del Sol News, Currency News, Marbella Information, News.

The Euro’s movements last week were dominated by the European Central Bank and market speculation as to whether the bank’s policy would have the nerve to announce measures large enough to tackle the malaise in the Eurozone economy. With the 19-member currency bloc sliding into deflation and the economies of France, Germany and Italy all… Read more »