Cheapest place to get Euros in U.S. before Greek trip
Jul 13, 2015, 8:51 am
#31
Suspended
Join Date: Jun 2015
Posts: 2,833
It is indeed.
The UK weekend papers report massive reductions in huge amounts of unsold Greek holidays and villa rentals.
Traditionally ( I suspect because of its recent history of student island-hopping holidays ) many Greek holidays are booked last-minute and the tourist industry has been hit by worries about flight cancellations,food shortages etc in the event of a Grexit.
And,of course,a large number of German tourists who usually travel to Greece are staying away.
I can't think of a better way of supporting the poor Greek people by holidaying there this year.
The UK weekend papers report massive reductions in huge amounts of unsold Greek holidays and villa rentals.
Traditionally ( I suspect because of its recent history of student island-hopping holidays ) many Greek holidays are booked last-minute and the tourist industry has been hit by worries about flight cancellations,food shortages etc in the event of a Grexit.
And,of course,a large number of German tourists who usually travel to Greece are staying away.
I can't think of a better way of supporting the poor Greek people by holidaying there this year.
Jul 14, 2015, 5:43 am
#32
Join Date: Apr 2003
Programs: UA *G 1MM LT United Club & Global Entry
Posts: 2,756
But even if the OP is connecting in a non-euro currency country they can still change money. At LHR it would look like USD -> GBP -> EUR. I think that even with what is functionally 'two exchanges' it would be <= to a total of 7% in transaction fees.
SunLover
Jul 14, 2015, 8:03 pm
#33
Join Date: Nov 2008
Location: ORD
Programs: AA PLT
Posts: 2,781
While a credit card transaction will cause a debit into a business bank account currently that can not be turned into cash, and from what I understand many suppliers are requiring cash for goods. And the worst case for bank depositors would certainly be an account balance haircut ala Cyprus.