• Germany's news in English

Europe's tourists urged to take cash to Greece

The Local · 28 Jun 2015, 20:05

Published: 28 Jun 2015 18:33 GMT+02:00
Updated: 28 Jun 2015 20:05 GMT+02:00

Facebook Twitter Google+ reddit

The German foreign ministry recommended that tourists "take sufficient amounts of cash" when visiting Greece, a top vacation spot for European tourists.

The advice came before Greek Prime Minister Alexis Tsipras announced on Sunday night that banks in the country would close on Monday, a consequence of the decision on Saturday by the eurozone's finance ministers to halt Greece's financial bailout programme.

The banks are expected to remain closed for a week, while limits on withdrawals by Greek residents from cash machines have been set at €60, according to media in Greece.

(The Greek government stated that this limit would be waived for visitors.)

The Athens Stock Exchange will also shutter its doors on Monday.

Tsipras called the eurozone finance ministers' decision a "denial of the Greek public's right to reach a democratic decision", referring to a planned July 5th referendum, when citizens will vote on the last offer  made by Greece's creditors before talks broke down.

But he insisted that "the savings of citizens, the salaries and the pensions are guaranteed". 

Story continues below…

In the wake of these developments holiday-makers will need to keep tabs on the evolving situation and check for any updates on travel recommendations.

After talks in Brussels broke down in acrimony on Saturday between Athens’ left-wing leaders and the rest of the eurozone, Greece is hurtling towards a default with its EU-IMF creditors.
The ECB has refused to increase emergency cash available to Greek banks despite a bank run being underway.

This has put pressure on the government to impose capital controls to prevent a collapse of its lenders.
Many bank cash machines in Greece were already empty and there were long lines at those still working on Sunday.
Meanwhile, Britain's foreign office warned travellers "of the possibility that banking services — including credit card processing and servicing of ATMs — throughout Greece could potentially become limited at short notice."
It said "make sure you have enough euros in cash to cover emergencies, unforeseen circumstances and any unexpected delays".
With the capital controls imposed, businesses may not want to accept credit cards any longer as they could have trouble accessing bank accounts, even if card transactions are authorized.
"There is some information according to which some restaurants and filling stations haven't accepted card payments for some time and are taking just cash," said the Swedish foreign ministry.
Polish Prime Minister Ewa Kopacz last week urged Poles visiting Greece to "not rely only on cards and ATM machines . . . best to take cash with you."
Denmark, Finland and the Netherlands also warned their nationals not to rely on cards and take cash when visiting Greece.
Earlier, Andreas Andreadis, President of the Greek Tourism Confederation, said that so far "nothing has changed".
He said "foreign clients have no problems with money transactions" and that "their credit cards won't be compromised by capital controls."
However, he said his group would set up a help line for hotels so they could better advise guests.

For more news from Germany, join us on Facebook and Twitter.

The Local (news@thelocal.ch)

Facebook Twitter Google+ reddit

Today's headlines
Creepy clown scare spreads to Germany
Two of the clowns were apparently equipped with chainsaws. Photo: Pedro Pardo / AFP file picture

Police said Friday five incidents involving so-called scary clowns had occurred in two north German town, including one assailant who hit a man with a baseball bat, amid fears that Halloween could spark a rash of similar attacks.

Student fined for spying on women via their webcams
Photo: DPA

Student from Munich fined €1,000 for spying on 32 different computers, using their webcams to take photographs, or record their keyboard history.

This is how much startup geeks earn in Germany
Photo: DPA

A comprehensive new survey of 143 startup founders shows how much you are likely to be earning at a German startup, from entry level all the way up to sitting on the board.

Man dies after beating for peeing near Freiburg church
The Johannes Church in Freiburg. Photo Jörgens Mi/Wikipedia

A middle-aged man from southern Germany has died after being attacked by a group of men who took umbrage with the fact he was urinating in the vicinity of a church.

The Local List
Seven German celebrities with uncanny doppelgängers
Former Berlin mayor Klaus Wowereit and actor Alec Baldwin. Photo: DPA; Gage Skidmore, Wikimedia Commons

Check out these seven look-a-likes of well known German figures - we admit that some are more tenuous than others...

Israel seeks to buy three new German submarines: report
A Dolphin class submarine. Photo: DPA

Israel is seeking to buy three more advanced submarines from Germany at a combined price of €1.2 billion, an Israeli newspaper reported Friday.

Here’s where people live the longest in Germany
Photo: DPA

Germans down south seem to know the secret to a long life.

More Germans identify as LGBT than in rest of Europe
Photo: DPA

The percentage of the German population which identifies as lesbian, gay, bisexual or transgender is higher than anywhere else in Europe, according to a new study.

'Reichsbürger' pair attack police in Saxony-Anhalt
File photo: DPA.

A "Reichsbürger" and his wife attacked police officers on Thursday, just a day after another Reichsbürger fatally shot an officer in Bavaria.

Five things not to miss at the Frankfurt Book Fair
Photo: DPA

From consulting a book doctor to immersing yourself in an author's world with the help of virtual reality, here are five things not to miss at this week's Frankfurt Book Fair, the world's largest publishing event.

Sponsored Article
How to vote absentee from abroad in the US elections
10 things you never knew about socialist East Germany
Sponsored Article
Last chance to vote absentee in the US elections
How Germans fell in love with America's favourite squash
How I ditched London for Berlin and became a published author
Sponsored Article
How to vote absentee from abroad in the US elections
12 clever German idioms that'll make you sound like a pro
23 fascinating facts you never knew about Berlin
9 unmissable events to check out in Germany this October
10 things you never knew about German reunification
10 things you're sure to notice after an Oktoberfest visit
Germany's 10 most Instagram-able places
15 pics that prove Germany is absolutely enchanting in autumn
10 German films you have to watch before you die
6 things about Munich that’ll stay with you forever
10 pieces of German slang you'll never learn in class
Ouch! Naked swimmer hospitalized after angler hooks his penis
Six reasons why Berlin is now known as 'the failed city'
15 tell-tale signs you’ll never quite master German
7 American habits that make Germans very, very uncomfortable
Story of a fugitive cow who outwitted police for weeks before capture
Eleven famous Germans with surnames that'll make your sides split
The best ways to get a visa as an American in Germany
jobs available
Toytown Germany
Germany's English-speaking crowd