Euro falls, French want franc back

European currency falls to lowest level against pound in nine months amid concern over knock-on effect from Greece

5 May 2010

NEARLY 40% of French people say it is time to ditch the euro and go back to using the franc, according to a new survey.

The poll result is published as the euro hits its lowest level against the pound in almost nine months - and its lowest level against the dollar in a year.

The Ifop survey of 1,000 people found 38% rejected the single European currency. The proportion was as high as 59% among manual workers and general employees.

Support for the euro was greatest among senior managers and those working in liberal professions, at 86%.

The euro fell to a nine-month low against the pound yesterday afternoon, at 84.94p, as fears spread that the debt problems and unrest in Greece would have a knock-on effect on the rest of the euro zone.

At 7.30 this morning, £1 bought €1.177.

Transfering amounts between the UK and France regularly or to purchase property? See our currency exchange helpguide, sponsored by HIFX currency exchange specialists

Marco Desscouleurs -

subscribe newsletter image
Stay informed, have your say, join the community
Boost your inbox with our editor’s pick of news and information about France for residents and second homeowners
By joining the newsletter, you agree to our Terms & Conditions and Privacy Policy
See more popular articles
The Connexion Help Guides
Updated! Brexit and Britons In France
Featured Help Guide
What Brexit means for British residents, second homeowners and visitors in France - now and after December 31, 2020.
Get news, views and information from France