Monday, June 18, 2012

Greece should be a cheap holiday destination next year

It now seems inevitable that either Greece will leave the Euro zone currency of its own volition before 2013 or it will be expelled.  There are naturally a lot of questions about why it was accepted into the Euro zone in the first place given that lying and cheating on the part of government there is endemic and that paying taxes by citizens is for the most part treated as voluntary rather than compulsory.

But those are questions that Euro-bankers and politicians need to answer.  For travellers it means that when Greece goes back to the drachma - which will then be rapidly and massively devalued - Greece will be a cheap place to go for that summer holiday.

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