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Living in Spain

Spain is part of the Euro Zone. This union is now made up of the following nations: Spain, France, Germany, Portugal, Italy, Greece, Belgium, Luxemburg, the Netherlands, Austria, and Finland. All members share the same currency, which makes movement among member states easier. Traveler's checks can generally be cashed at any bank, though one might have to go to aspecific office or branch. A credit card is much more convenient as a means of payment.

Most businesses accept credit cards such as Visa, American Express, Mastercard and Diners Club. Major cities have private cash exchange facilities, some of which also take traveler's checks. These establishments usually have a service charge. For current Euro exchange rates go to www.oanda.com/convert/classic . As an example, coffee at a café costs between 1.00 and 1.20 euros. A Big Mac menu is 6 euros, a fixed menu (2 courses + dessert + drinks) between 7 and 10 euros.

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Students board

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