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The fall of the pound against the euro has prompted thousands of Britons to rethink their holiday plans. The cost of going to traditional destinations in the South of France, the Spanish costas and the Greek islands has risen beyond many families’ budgets as they feel the full impact of the credit crisis. An increasing number of British holidaymakers are looking at cheaper deals in Bulgaria, Turkey, Egypt, Tunisia and Morocco. And many people this summer will simply stay at home. With the euro worth 78p yesterday, British tourists were finding that their money will go farther in leva, liras, Egyptian pounds, dinar or dirham. All-powerful euro leaves holidaymakers looking elsewhere - Times Online I am so glad we never accepted it, but.....
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Feel sorry for whole families who have already booked their holidays in Europe. My daughter is 16 and is going to Spain with college in May, and Italy with her friend and parents in July. I am taking a very keen interest in the exchange rate and hope it goes up before she goes away, as i am giving her her spending money for both trips. All i can say is Thank God we usually go to Turkey for our family holidays.
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