Can the DC13 committee provide any update on exposure to EUR?
Friday's night's Cyprus heist[1] (also referred to as a bank robbery in some of the press) has raised serious questions over the trustworthiness and consistency of those running EUR. In particular, are any Eurozone sponsors on a deal that allows them to pay in EUR at some future date closer to DebConf? It is also worth remembering that the value of CHF is currently `locked' to EUR at a 1.2 exchange rate on the basis that the Swiss National Bank (SNB) promised to print as many CHF as necessary to match the printing of EUR. The question on my mind: would the SNB continue that arrangement if a fundamental breakdown of trust occurs? If CHF is unshackled from EUR between now and August, what is the impact on DC13? At the very least, I suspect that people paying for their own attendance may want to consider going to buy some Swiss bank notes now and putting them in a safe place rather than assuming they will get the same exchange rate in August. 1. http://rt.com/business/cyprus-bailout-savings-protest-389/ _______________________________________________ Debconf-team mailing list Debconf-team@lists.debconf.org http://lists.debconf.org/mailman/listinfo/debconf-team
