Euro OR The Pound Sterling

all the coins are still like the same shape unlike our 10ps being different to our 20p and them being different to our 50p. Remember Euros also have loads more notes we only have £5 £10 £20 and £50 if your really rich.

There are many shops in the UK which now accept the Euro anyway, we might even see it creeping in without government influence.

yes but with far worse converting rates than it normally is. They still have the old pound to euro price, even though the pound is worth far less now...

The Euro is shockingly bad. Because of the centralised economy - countries at the economic periphery of Europe like Spain suffer greatly (just look at Spain in this crisis - 18% unemployment!!). The Spanish are so concerned there is debate about whether to switch BACK to the peseta.

I went into a gift shop in Cornwall a couple of weeks ago and they were offering products 1 euro = 1 pound. So good for anyone who was paying in Euros.

We'll see it slowly creeping and at some point a major retailer like ASDA or Tesco is going to turn round and say right we'll accept Euro's at self service tills and once that happens more and more will begin to do it.

If you go to Switzerland most people pay in Euros now as opposed to Swiss franc's and many companies give their employees a choice of which currency they wish to be paid in, because practically everywhere accepts them. Same with American dollars in Middle Eastern and South American countries, retailers prefer you to pay with American dollars as opposed to the native currency.

retailers dont, 99.9999999999% of shops do not accept them. The only ones that do are people selling stuff on streets and in stalls who are just glad to sell you things, be it for gold, money, food, anything.

When I was in Kenya recently their equivalent to Tesco offered a discount if you paid for your shopping in American dollars as opposed to Kenyan shillings. The Majority of the petrol garages including those run be Shell and Texaco preferred payment in American dollars too.

And when my dad was out in Qatar with the RAF for 6 months, the retailers both shops and small stalls preferred payment in dollars as opposed to Qatari Rial.

I went into a gift shop in Cornwall a couple of weeks ago and they were offering products 1 euro = 1 pound. So good for anyone who was paying in Euros.

We'll see it slowly creeping and at some point a major retailer like ASDA or Tesco is going to turn round and say right we'll accept Euro's at self service tills and once that happens more and more will begin to do it.

If you go to Switzerland most people pay in Euros now as opposed to Swiss franc's and many companies give their employees a choice of which currency they wish to be paid in, because practically everywhere accepts them. Same with American dollars in Middle Eastern and South American countries, retailers prefer you to pay with American dollars as opposed to the native currency.

In the pro-Euro camp, I'm surprised that the issue of the Euro faring better than Sterling in this recession hasn't come up.