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Editor's Viewpoint: Money problems

Published 23/07/2012

Most people, apart from some financial experts, find it difficult to keep track of what is happening to the euro.

Many of the experts themselves do not seem to know what is happening either. In these times of financial swings and roundabouts, the euro recently hit a four-year low against sterling, which is bound to create a headache for those in the eurozone, including Ireland.

Nevertheless the retailers on both sides of the Irish border are well-used to currency fluctuations, and they have a considerable experience of dealing with the daily implications of such changes. However, the lack of stability all round is also an added worry in these tough financial times.

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