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I decided long ago not to take part on those never ending -and boring to me- discussions about Greece and Eurozone, but as not many Greeks participate on this forum and I just saw this thread updated this morning by your post twk... :
Greek government had to make an announcement again to clarify that this article is fake and Greek governments has not take any such measure about the ATMs withdrawals, that been 1000 euro or whatever... Cross-reference any article you read with a few different -and if possible Greek official- resources before coming into conclusions... The propaganda taking place on media against Greece those days is unbelievable... Whoever says whatever without even doublechecking the facts. My only and last post on this thread. Bye. |
Twk, don't believe everything you read in the Daily Mail. Even if that article were true, it is nothing compared with the £50 limit imposed on British travellers back in the 1960s. The economy didn't collapse, and Britain is now one of the strongest economies in the EU.
Hansard is even more boring than the Daily Mail, but here is a record of the discussion in the House of Commons: http://hansard.millbanksystems.com/c...nce-lb50-limit |
"don't believe everything you read in the Daily Mail"
for "everything" put "anything", in the UK it is the paper for the weird and bored. :-) |
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I'd take a bunch of dollars in cash if I was holidaying this summer. (just in case)
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<i>I'd take a bunch of dollars in cash if I was holidaying this summer. (just in case)</i>
Bilboburgler, are you predicting the collapse of the euro? ;-) |
nah, just a possible problem with ATMs, if the banks hit liquidity problems you might get a run on the banks etc, I guess logically Euros make more sense but if you come from a dollar environment (and many of our readers do) you'd have dollars and if there is a run on the banks then locals will love dollars.
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And this triggered once again a chain of posts, from people who will give any possible advice, as it they were experts in economics....
There was someone a few years ago, predicting the exit of Greece from the Eurozone and giving also time limits when it would happen...... Nothing ever happened.... Have also seen people asking if there is a shortage of food in Greece and if they would find any restaurants open.... What newpapers write doesn't have to be necessarily true, as we see indeed a propaganda aimed to intimidate Greeks. Instead of spreading the panic to people who intend to visit Greece, do something more constructive, double and triple check your sources |
Typical knee jerk reaction from some folks. The Daily Mail article was linked only because the article from the Times is behind a paywall. Anyone who follows the situation over in Greece knows that a point of decision is coming soon--either someone gives in and gives Greece a cash infusion of some sort, or they are going to run out of cash. They are raiding pension funds just to make current payments.
Still, if you will note my comments from January, above, I'm not telling anyone to panic. It's just something you might want to be aware of if you are going to Greece in the near future. As others have mentioned, Greece leaving the euro would present some challenges for travelers (mostly, getting cash from ATMs), but might also present some opportunities (particularly for travelers who can bring dollars with them to pay cash for services, and might get some real discounts for that hard currency). Concern for the currency situation is no reason to cancel a trip to Greece, but it is a reason to contemplate what you would do to deal with possible contingencies. |
I am not going to follow this thread.....
I will only repeat what i said, triple check your sources, because what you wrote : << They are raiding pension funds just to make current payments >> is absolutely not true ! |
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