Tuesday, June 30, 2015

Traveling to Greece need to have ample cash

Travelers heading to Greece should make sure they bring enough euros in cash to cover emergencies, given that banks in the country will be closed from June 29 to July 6, advised the U.K.’s Foreign and Commonwealth Office.  The Greek government decided to close the banks and establish strict limits on ATM withdrawals after bailout negotiations between the country and its creditors stalled over the weekend. The Greek government said it is not limiting withdrawals on cards issued outside of Greece, but long lines have formed at ATMs in the country, making it difficult to get cash quickly, according to reports.  The system for paying with debit and credit cards for retail transactions continues to function, noted the U.K. government, but travelers should have sufficient cash with them in case those banking services fail.  Travelers should take appropriate security precautions against theft, added the U.K. government.
Bailout terms from the European Union and the International Monetary Fund have been rejected by the Greek government. The Greek people will vote on whether to accept the terms in a snap referendum on July 5. If the vote is no, Greece could default on its debt and leave the eurozone.
For more information on this and to make a reservation for cruises that visit Greece, contact TheCruiseoOutlet.com at 203-288-1884 or email at info@thecruiseoutlet.com

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