Holidaymakers warned as Greece might go Euro-less

Published on : Friday, May 15, 2015

greece-tourismThe recent economic uncertainty in Greece is proving to be an alarming cause for a number of European holidaymakers heading to Athens this summer. The Greek finance minister this week claimed that his country might go to complete bankruptcy in a couple of weeks.

 

 

Recent conditions are such that if Athens doesn’t agree to bailout deal with its creditors soon, Greece will be left with very little alternative but to crash out of the euro. This might result in a huge economic and political turmoil across the continent.

 

 

For global travelers and specially the European holidaymakers who are planning a trip to Greece might be in deep trouble as ATMs in the country might stop issuing euros.

 
This might also fuel regular strikes and demonstrations in Greece, which have become a regular occurrence as the country’s economic crisis has deepened in the recent past.

 
Two million Brits head to Greece every year. Experts have said travellers thinking of holidaying in Greece should consider buying travel insurance with robust cancellation cover included, as soon as they book their holiday. The move means that holidaymakers will be reimbursed should they find that they are forced to cancel or cut their trip short.

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One Response to Holidaymakers warned as Greece might go Euro-less

  1. rex randolph says:

    People will not be stranded if the ATMs stop giving EUROS first they have to have some sort of currency. However if it did happen all the money exchange booths around the country will go to nearby countries and get Euros and bring them into Greece and charge everyone an outrageous fee to purchase them or give you a crazy exchange rate. you would have people in the streets selling them for double. it will be expensive and chaotic but you wouldn’t be stuck

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