What a 'Grexit' could mean for your holiday: Full Q&A

2.4K Posts
Many in the UK are worried about forthcoming holidays booked to Greece...
Read the full story:
What a 'Grexit' could mean for your holiday: Full Q&A

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
What a 'Grexit' could mean for your holiday: Full Q&A

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
0
This discussion has been closed.
Latest News and Guides
Replies
This was still the situation on Friday when we last spoke to family there.
Many UK building societies have similar restrictions in place as normal practice.
One way or another they need to either agree a deal this week or just leave the Euro (and maybe the EU too).
Nothing!
They could also use the US$ or any other currency.
The problem is the Government obtaining(earning) enough of any currency to pay their outgoings - wages/health service/police etc and not least pensions.
Having defaulted on their debts and outside the common market they will face sanctions.
Their solution will be to use the Russian Rouble, leave NATO, accept massive aid and become a satellite state of Russia.
There's no provision in the rules for a Eurozone country to exit the Euro and remain within the EU, so they'd probably be forced to leave.
Nobody with an iota of sense is going to be booking a holiday in Greece for some time until the dust has settled whatever the outcome this week.
Pity the Greek people, victims of the "great" Euro experiment and corruption.