A quarter of British nearing retirement age dream of living abroad. Spain, France, and recently Croatia and Cyprus are hot spots. Half a million live in France alone.
This is one of the great benefits of the EU. We have the space, the sunshine, underdeveloped rural areas that few of working age want to live in. Americans move to Florida or Arizona after retirement. Thanks to the EU, Europeans can do this too. Work in bleak Manchester, retire in 'Dordogneshire'. Travel times, telecommunication and administrative hassle of travelling have been greatly reduced by the EU as well. British grandchildren live only a few hours away by cheap train and can hop over as if they were travelling from Scotland to England.
This fabulous system is now
under threat.
Obviously, currency fluctuations mean the pound could also rise against the euro. But a pensioner or retiree doesn't need a rise in value. He needs one thing only: stability and security in his financial plans. The recent currency fluctuations are nothing short of a million small dramas to British retirees.

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