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Single currency design could be big headache

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David Evans

A sojourn to Europe has left Lai See in a single currency frame of mind.

This being our first trip back since the euro became legal tender at the beginning of March, we were interested to see how it worked in practice.

Thoughts of wildly fluctuating prices from Spain to Greece for eggs and chips and a copy of an English tabloid newspaper had us sweating in our holiday shell-suit.

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The trip across the English Channel began with the typical pre-holiday trip to the Bureau de Change.

As Britain has yet to join the 12-member eurozone, British holiday-makers are still at the mercy of exorbitant commission and buy-sell spreads when changing their sterling into euros.

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After filling our pockets with the new notes and coins we set off to put the theory into practice.

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