Author Topic: Greece Master Thread (Read 226230 times)

the Greeks probably have 'more" cash at home then most on dans have in the bank -- where do you think the 40 billion that was withdrawn from banks went --hint -- where one sleeps lol!

SPLP · « **Reply #388 on:** June 30, 2015, 10:00:40 AM »

Quote from: Wafflemuffins on June 30, 2015, 09:52:22 AM

What practical difference does it make that they're a "cash society" if they accept credit cards.

in a cash society , credit card usage is very low - so many place in Greece you can not pay with a credit card --- and many places accept cash only -so no need for a credit card terminal to swipe a card = cash only

people "stand" in line with cash to pay phone- electric- water -car insurance - cable tv etc - just as they did in America in the 1950's

up to a few years ago an individual could not get a checking account - maybe now it has changed , though i think not

ygygold · « **Reply #389 on:** June 30, 2015, 11:01:03 AM »

Think it will get cheaper to go there because they are defaulting?

Emkay · « **Reply #390 on:** June 30, 2015, 11:05:54 AM »

Quote from: ygygold on June 30, 2015, 11:01:03 AM

Think it will get cheaper to go there because they are defaulting?

No

ygygold · « **Reply #391 on:** June 30, 2015, 11:07:54 AM »

Quote from: Emkay on June 30, 2015, 11:05:54 AM

No

Why not? They will need the money, and the dollar will be much worth there (think if they go out of the EU!). I understand cost of flying will stay the same (or rise? $:-\$ ) but cost of staying there should be cheaper.

SPLP · « **Reply #392 on:** June 30, 2015, 11:14:50 AM »

Quote from: ygygold on June 30, 2015, 11:01:03 AM

Think it will get cheaper to go there because they are defaulting?

if default , and you have a strong currency it will get cheaper - question is when will they lower prices - now starting "the season" and booking were very good -- so they may not drop price and if they do it will not be big --I would not plan a trip around a price drop -your going on vacation - prices change all the -enjoy

SPLP · « **Reply #393 on:** June 30, 2015, 11:17:06 AM »

Quote from: SPLP on June 30, 2015, 11:14:50 AM

if default , and you have a strong currency it will get cheaper - question is when will they lower prices - now starting "the season" and booking were very good -- so they may not drop price and if they do it will not be big --I would not plan a trip around a price drop -your going on vacation - prices change all the -enjoy

also -- they just may continue to quote in euros -- they are not dumb

Jm1248 · « **Reply #394 on:** June 30, 2015, 11:17:39 AM »

Quote from: ygygold on June 30, 2015, 11:07:54 AM

Why not? They will need the money, and the dollar will be much worth there (think if they go out of the EU!). I understand cost of flying will stay the same (or rise? $:-\$ ) but cost of staying there should be cheaper.

The prices will stay the same. The currency value can fluctuate based on the economy but the average storeowner isn't dropping prices because the economy is bad. So as long as pricing there still goes by the euro I doubt there will be any change

Wafflemuffins · « **Reply #395 on:** June 30, 2015, 12:25:31 PM »

Quote from: Emkay on June 30, 2015, 06:57:45 AM

you can still use CC, just standard Greek banking crisis

Quote from: SPLP on June 30, 2015, 10:00:40 AM

in a cash society , credit card usage is very low - so many place in Greece you can not pay with a credit card --- and many places accept cash only -so no need for a credit card terminal to swipe a card = cash only

people "stand" in line with cash to pay phone- electric- water -car insurance - cable tv etc - just as they did in America in the 1950's

up to a few years ago an individual could not get a checking account - maybe now it has changed , though i think not

Now I'm confused. Anyone been to Greece recently? I'm planning a 23:59 hour stopover there in a few weeks and I don't like traveling with cash.

SPLP · « **Reply #396 on:** June 30, 2015, 12:33:10 PM »

Quote from: Wafflemuffins on June 30, 2015, 12:25:31 PM

Now I'm confused. Anyone been to Greece recently? I'm planning a 23:59 hour stopover there in a few weeks and I don't like traveling with cash.

I live in Greece---you may not like to travel with cash , that is fine -I suggest do not come if concerned about having one days expense in cash -- for a 24 hour stop over , i would think do not need a lot of cash

Jm1248 · « **Reply #397 on:** June 30, 2015, 12:33:40 PM »

Quote from: Wafflemuffins on June 30, 2015, 12:25:31 PM

Now I'm confused. Anyone been to Greece recently? I'm planning a 23:59 hour stopover there in a few weeks and I don't like traveling with cash.

The places that accepted credit cards until now will probably still be accepting credit cards

Emkay · « **Reply #398 on:** June 30, 2015, 12:48:16 PM »

Quote from: Wafflemuffins on June 30, 2015, 12:25:31 PM

Now I'm confused. Anyone been to Greece recently? I'm planning a 23:59 hour stopover there in a few weeks and I don't like traveling with cash.

I'm confused now. Why would you be concerned? You can still use cc and take out however much money you want via ATM

Wafflemuffins · « **Reply #399 on:** June 30, 2015, 12:56:42 PM »

Quote from: Emkay on June 30, 2015, 12:48:16 PM

I'm confused now. Why would you be concerned? You can still use cc and take out however much money you want via ATM

And pay the 10% cash advance fee? Are you offering to sponsor? 😅

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Author Topic: Greece Master Thread (Read 226230 times)