Euro Falls To A 9 Year Low

Perhaps it's time to take another tripe to Italy? The joys of living in a European country that doesn't use the Euro as a currency!
 
I don't see how that would help anyone. Best idea is to possibly invest in some other currency, rather than euros. Instead of having euros, exchanging them for dollars and if euros drop even more, you'll get a lot more euros than you had before. However, the prices are probably going to rocket up, as well. I'm not sure how this is going to affect everyone.
 
A lot has happened since I began this thread and things have been getting worse with the Greek crisis. I do think it will have a knock on effect with the Euro countries and even though things seem to have calmed down with an agreement, nothing is set in stone.

People may choose to go to other places other than Greece for a holiday if the taxes are raised, but for those traveling within the Eurozone, I don't feel the money will go so far.
 
That is partially true but the impacts are not so extremely. If somebody is making a vacation he is not doing that with the last Euros he/she has. So at the end, the vacation target will not change but probably the people will think more about what and how many they eat in the restaurants during their holidays in Italy. But in some this outcomes could be decreased buy tourist from other regions that are not from the European Union.
 
It would depend on the kind of travelers as many people do like to back pack around Europe and for them budgeting is one of the main priorities. As I am from the UK, the Euro is low against sterling so it is better for the UK traveler, but given VAT is quite high it doesn't really make that much of a difference. It is more for the US tourists that may benefit, but countries like Italy do depend on people taking weekend breaks for tourism and if they are in Eurozone countries, then the Euro will not go so far.
 
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