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
18 October 2018
The UK's average life expectancy is predicted to increase from 80.8 years to 83.3 years over the next 20 years, according to new research.
[more...]
17 October 2018
Family doctors are being urged to prescribe physical activity for patients living with some of the most common medical conditions.
16 October 2018
Patients with brain tumours lose out on almost £15,000 per year, a new report has revealed.
13 October 2018
Chris Grayling has given his "categorial assurance" to Parliament that a no-deal Brexit will not ground flights in and out of the UK, despite recent warnings from experts that this remains a possibility.
12 October 2018
The rising cost of fuel could force more airlines out of business, the boss of easyJet has warned.
11 October 2018
The image of the boozy backpacker might be a thing of the past as a new study suggests more and more youngsters are shunning alcohol completely.
10 October 2018
The NHS says just one in 10 drinks sold in English hospitals will be sugar-sweetened, as part of its bid to curb rising obesity levels.
09 October 2018
More than 260,000 diabetes patients were put at risk of lasting harm or even death during hospital stays last year due to medication errors, a new report has revealed.
06 October 2018
NHS patients with a specific type of lymphoma will soon be able to access a "game-changing" new treatment, health officials have revealed.
05 October 2018
People living with diabetes are being warned they might be "unwittingly" storing their insulin incorrectly.
04 October 2018
The world's first commercial jet part-powered by a new form of biofuel touches down in London on Wednesday (3rd October).
03 October 2018
New 'hotel-style' carriages that were due to be rolled out for the Caledonian Sleeper have been delayed until next year.