Euro problems and savings

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I want to set up a savings a/c to pay a portion of my monthly income into but having heard of the impending financial disaster in Greece I'm worried about the impact on other Euro countries, i.e. germany . Is it worth saving here or should I transfer money back to the UK? Does anyone have any experience with offshore savings accounts, do you have to have megabucks for these??

Replies

Cormac-332413 1265877661

You're still better off savign here as the interest rates are higher than back in the UK - I don't think there's any greater risk because of the situation in Greece and I have savings accounts both here and in the UK. Years ago the situation was the reverse and the UK's interest rates were four times those in Germany so it wasn't worth saving here then.

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