Greece - New management !

You don't have to be in the eurozone or the EU to use the euro.
Look at Montenegro and Kosovo,they adopted the euro(as did Panama and Ecuador adopt the US dollar)and don't print notes or mint coins.
Food for thought?
 
Last edited:
There was an article in a national newspaper some years ago which listed the letter designations for Euros [Ger. X, Gk. Y] and mentioned that some Germans made a point of spending the weak countries notes first.

John G
 
Jegs said:
There was an article in a national newspaper some years ago which listed the letter designations for Euros [Ger. X, Gk. Y] and mentioned that some Germans made a point of spending the weak countries notes first.

John G
Click to expand...
There are idiot Germans as well.
 
By the way, Greece prints only 5,10 and 20 Euro notes. So you may take the risk!
And another thing:
Are you seriously suggesting that every merchant, vending machine or APS (worldwide) should check every banknote's serial no?
Trying to give a serious answer to a silly question, I will remind to anyone concerned that the Euro is and will remain not a Nation's but Eurozone's currency and that the withdrawal of a nation's wealth will be reflected by its devaluation (for a couple of seconds probably).
 
Last edited:
BurnitBlue said:
Actually I am a wee bit concerned that Greece may run out of Diesel fuel because they will have no currency or credit to import more. Without diesel fuel those boats on shore in Aktio and elsewhere will stay on shore. The travel lifts will have a low priority for the country.

If the boats have to stay on shore than the boat yards still get the storage fee in full so as far as Greece is concerned, diesel for delivery trucks will be the priority.

Edit to point out that leaving Greece is not a concern if the boat is afloat. The concern for me is the possibility that my boat will get trapped ashore in a bankrupt Greece. The boat yards will not care because they will get their fee for storage. The boats afloat can leave or stay, it matters not a jot. But first you have to be launched.

Hope I explained my concern better this time.
Click to expand...

I share your concern about getting launched. There isn't much I can do right now so only time will tell the tale. Now that you all are bringing up the ATM's though that could be a problem as I'll owe the port authority about 1000 euro for my transit log. But really I have to believe that money and diesel and cranes will be available, just maybe at a higher cost.
 
telford_mike said:
Lots of diesel just to the north in Albania - I reckon your average resourceful Greek businessman could lay his hands on quite a bit if it came to it. Much more worried about the ATMs. Hardly anyone accepts credit cards anyway so no worries there!
Click to expand...

?? Last summer we survived almost entirely with a prepaid FairFx forex card. Barely used cash at all. Bars, restaurants, chandlers, diesel the lot!
 
Greece "on the ground" with a sprinkle of srksm

We live in Rhodes now so I thought I could add some info from "on the ground" (as they say nowadays) to this "fundamental" problem.

I can confirm that most financial and political experts in this thread are correct. Prices are skyrocketing here now. A cheap coffee is around €8 and beer is almost twice that. Our boatyard has closed down and scrapped most of the boats. The new 75T crane they got last October has already rusted and crumbled into an ugly scrap metal pile.

Most locals have already stopped using € notes with X, Y, R, and V markings. Others are stockpiled, and a sort of barter system has been put in place using monopoly bills.

Most ATM machines have run empty and the banks simply put a metal bar and a lock on the front.

Diesel is hard to find. Last I heard it is only available on the black market run primarily by Sicilian thugs.

Personally I have started buying up back issues of Popular Mechanics from the US to get ideas on how to build a protective bunker, how to stock it, and tips on the coolest and latest automatic weapons.

On a bright note many locals have figured out that the best solution would be to have Greece run by Brits, and so a petition has been made to get the new government to hire Tony Blair as a full time consultant and de facto leader. He hasn't said no yet so we are hopeful.

Per
 
Sybaris said:
We live in Rhodes now so I thought I could add some info from "on the ground" (as they say nowadays) to this "fundamental" problem.

I can confirm that most financial and political experts in this thread are correct. Prices are skyrocketing here now. A cheap coffee is around €8 and beer is almost twice that. Our boatyard has closed down and scrapped most of the boats. The new 75T crane they got last October has already rusted and crumbled into an ugly scrap metal pile.

Most locals have already stopped using € notes with X, Y, R, and V markings. Others are stockpiled, and a sort of barter system has been put in place using monopoly bills.

Most ATM machines have run empty and the banks simply put a metal bar and a lock on the front.

Diesel is hard to find. Last I heard it is only available on the black market run primarily by Sicilian thugs.

Personally I have started buying up back issues of Popular Mechanics from the US to get ideas on how to build a protective bunker, how to stock it, and tips on the coolest and latest automatic weapons.

On a bright note many locals have figured out that the best solution would be to have Greece run by Brits, and so a petition has been made to get the new government to hire Tony Blair as a full time consultant and de facto leader. He hasn't said no yet so we are hopeful.

Per
Click to expand...

Now that really would be a national disaster!

BTW. Here on Crete they're experimenting with coffee as a diesel substitute. At €8 a cup it's cheaper and more plentiful than real diesel.
 
Glyka said:
By the way, Greece prints only 5,10 and 20 Euro notes. So you may take the risk!
Click to expand...
Pedant mode on: "Prints" and "Issues" are two different things. The Bank of Greece both prints and issues euro banknotes - printers in Austria, Germany and Holland also print Greek issue banknotes. As you point out, only banknotes up to the value of €20 are issued.
 
Sybaris said:
We live in Rhodes now so I thought I could add some info from "on the ground" (as they say nowadays) to this "fundamental" problem.

I can confirm that most financial and political experts in this thread are correct. Prices are skyrocketing here now. A cheap coffee is around €8 and beer is almost twice that. Our boatyard has closed down and scrapped most of the boats. The new 75T crane they got last October has already rusted and crumbled into an ugly scrap metal pile.

Most locals have already stopped using € notes with X, Y, R, and V markings. Others are stockpiled, and a sort of barter system has been put in place using monopoly bills.

Most ATM machines have run empty and the banks simply put a metal bar and a lock on the front.

Diesel is hard to find. Last I heard it is only available on the black market run primarily by Sicilian thugs.

Personally I have started buying up back issues of Popular Mechanics from the US to get ideas on how to build a protective bunker, how to stock it, and tips on the coolest and latest automatic weapons.

On a bright note many locals have figured out that the best solution would be to have Greece run by Brits, and so a petition has been made to get the new government to hire Tony Blair as a full time consultant and de facto leader. He hasn't said no yet so we are hopeful.

Per
Click to expand...

Just a sprinkle! :) :)
 
Most recent news from Reuters, ECB Board of Governors have turned down the Greek Central Bank's request for more liquidity facilities and two of the banks are heading for trouble.
Looks as though Tsipiras bluff is being called and rather than being kicked out or leaving voluntarily Greece'll be choked out.
He may get to see National Leaders for tea and sympathy but the ECB are just letting their banks go bust and Varoufakis won't make it to plead in front of any troika principals.
A good try, but everyone appears intransigently deaf.
I think Syriza will blink before everyone else and the close shave will leave them breathless and back with the modified-for-appearance austerity programme.
I feel sorry for the Greek voters. They'll lose out again.
I'm not back until April but I have sympathy for all the liveaboards already out there.
 
Liveaboard in Greece.
I like wintering in Greece more than wintering in cold dark Holland. In fact, winter in Greece ( or Turkey ) is a lot nicer then summer. I really don´t see why you should have sympathy.
Nice warm weather, friendly Greeks, stores still stock food.
Don´t understand politics or economics, so far nothing has changed. Sails still work, wind and sun in abundance. Fish in the sea. No marina contract. Free anchoring. Greece.
 
Looks like the Greek/ EU negotiations are now at the call my bluff stage. The German Govt representative interviewed on the BBC news earlier today admitted that GREECE leaving the euro may be the preferred option for both parties.
How do I sell drachmas forward now?
 
You must log in or register to reply here.

Share this page

Top