My holiday British Pound may buy a few more Euros, meanwhile the value of my pension funds goes further down the toilet as markets crash - not a good trade-off.
As you say the Pound is not immune to the turmoil in the Euro-zone, anything could happen between now and AR 2012, even the "experts" can't agree about what should or could happen. and I don't think the problems will be over for a long time yet.


...my gruppo will spend the days before AR-meet in Arabba region, our base is this