Call for an instant quote
0345 90 80 161
Open Mon to Fri 09:00 - 17:30 | Sat 09:00 - 16:00 (GMT)
07 July 2015 08:47
Concerns are being raised about the future of the Greek economy
Greece-bound British holidaymakers have been urged to make contingency plans before they fly out, after the closure of the country's banks.
The UK Government has urged them to take sufficient euros in case of emergency, as the south European country hovers near the edge of economic collapse.
The Foreign Office's (FO) warning came amid fears that British travellers could encounter difficulties withdrawing money from cash-points, or using credit cards there.
The FO said a euro supply would help Greece-bound tourists safeguard themselves against unforeseen delays and emergencies, should the banks run out of cash.
The benefits of travel insurance
Emergencies such as the Greek financial crisis are never pleasant.
But they help to emphasise the benefit of trusted travel insurance should the worst happen.
Whether it is lost luggage, mislaid medication, delayed flights or other nasty surprises, such cover means that holidaymakers can go on enjoying their break with peace of mind.
The Greece situation
Greece has been refused any further credit from Europe. The eurozone rejected the Greeks' requests for more time to pay off their debts as well.
Capital controls are being imposed in Greece.
This means there will be restrictions on both cash transfers and withdrawals alike. Uncertainty remains as to how long the Greek banks will stay shut.
Greece has been told it must meet the International Monetary Fund's 1.6 billion euro (£1.1 billion) debt repayment demand due on Tuesday (June 30).
Failure to do so could see Greece expelled from Europe's single currency.
What it means for British travellers
- they could use a Greek cash-point to find no money is available
- they could have trouble using their credit cards
- they should stock up on more euros than they expect to need... just in case
22 February 2017
Hundreds of thousands of people with a potentially fatal genetic blood condition have yet to be diagnosed with the condition, a charity is warning.
21 February 2017
New technology to provide detailed scans of patients could improve the recovery of people suffering with liver cancer, scientists have said.
18 February 2017
At least 10 Britons have been injured in a speedboat accident off the icy coast of Norway.
17 February 2017
Comedian David Baddiel is trying to highlight the "epidemic" of dementia as a killer of older people in a new documentary.
16 February 2017
The public has spoken and the world's favourite cruises are being honoured by a top cruise review site.
15 February 2017
The collaborative #SkiSafe campaign has been relaunched in a bid to raise safety awareness among winter sports enthusiasts.
14 February 2017
A new "age defying" hormone could offer a breakthrough in preventing kidney and heart disease in people who suffer from diabetes.
11 February 2017
Patients needing new life-saving medication could have to wait two years after the UK leaves the EU, experts are warning.
10 February 2017
Families looking to take a cheap break in the upcoming half term are often sorely disappointed, however new research suggests Cyprus is the best destination for a well-priced trip.
09 February 2017
Europe remains the world's number one region as a travel destination - but tourism growth is slowing down, a travel industry report has said.
08 February 2017
A terminal cancer patient is determined to fulfil his dream of climbing Mount Everest, despite having just months to live.
07 February 2017
One third of holidaying families will opt for a British break this year, new research suggests.