1st February 2009

Do you have property in the Euro Zone?

If you have a property in the Euro Zone and need tennis court, swimming pool, marine and boat or other specialist paints, we can help.

Our parent company, Technical Paint Services, is a leading British manufacturer of industrial quality paints, coatings and repair materials.

We are situated between the ports of Poole & Portsmouth and can deliver to all French or UK addresses. With Euro/Sterling parity, it currently makes great sense to buy your paint from the UK.

The following text is an extract from an article by Daniel Hannan.

...To all intents and purposes, we are at parity. In the rough reckoning of tourist maths, and in the currency exchange booths, a pound is worth a euro. The decline in the value of sterling shows that the system is working. Britain is in a mess because of Gordon Brown's profligacy. We are worse off than most of the euro zone countries: it's what economists call an asymmetric shock. That shock has been cushioned by a falling currency value and a falling interest rate. Had we not been able to absorb the devaluation in our currency, we would have suffered an equivalent devaluation in output and wages...

...The devaluation is already having its effect. Hoteliers, retailers and restaurateurs in my constituency are beginning to pick up custom, not just from Continentals coming to spend their euros, but from Brits who have decided that their planned skiing holiday is no longer worthwhile, and that they'd be better off taking a break at home. Northern Ireland is inundated by Christmas shoppers from the Republic: a friend tells me that there isn't a single parking space to be had in Newry. Exporters have been given a dose of steroids, and Britain has become a more attractive place to do business. To repeat, the system is working...Daniel Hannan, December 22nd, 2008.

Daniel Hannan is a writer and journalist, and has been Conservative MEP for South East England since 1999. He has written eight books on European policy, speaks French and Spanish and is author of The Plan: Twelve months to renew Britain.

Technical Paint Services: +44 1202 295 570.

enquiries@technicalpaintservices.com


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