Old Oct 24, 2008 | 10:45 AM
  #30  
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CliffRS4
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Joined: Jun 2003
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From: Hertfordshire
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I am a serving soldier in Germany.

It wasn't long ago when I could draw money out using a UK cash card and get 1.49 euros to the pound.

The exchange rate is now only around 1.19 euros to the pound.

I am very lucky that I have a German bank account that I can have my wages split between the two. The British Army give us 1.31 euros to the pound if we have some of our wages paid into the German account.

The difference between 1.31 & 1.19 euros to the pound can mean as much as feeding myself for the month.

We used to get a very good exchange rate that meant we were flush compared to the rest of the community.

It really is going tits up.

It's times like this that I consider myself very lucky as an individual person I am relatively unaffected by the onset of recession

My wages stay the same no matter what.

Looking to be a first time buyer with a 30k deposit in April. House prices etc falling just makes it easier for me.

Real shame to see everything going pear shaped
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