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
19 February 2019
Hundreds of passengers have had their travel plans cancelled following the collapse of airline flybmi.
[more...]
16 February 2019
Holidaymakers were left fuming after a "lack of clarity" over Brexit led a Romanian airline to cancel flights from Liverpool's John Lennon Airport.
15 February 2019
British Airways celebrated Valentine's Day with a special flight where all members of the cabin crew were couples who work for the airline.
14 February 2019
The "concerning" level of stigma surrounding the human papilloma virus (HPV) could be putting some women off going for vital check-ups, campaigners are warning.
13 February 2019
Older people living with depression should be given better access to community activities and therapy instead of being prescribed antidepressants, researchers have urged.
12 February 2019
The Government has been criticised for failing to act on warnings about the link between processed meats and cancer, by the scientist who co-authored the original advice.
09 February 2019
A grandfather who has battled three types of cancer is cycling from Twickenham to Tokyo in time for the Rugby World Cup - all in aid of charity.
08 February 2019
Lovers of traditional fish and chips are embracing a more health-conscious version of their favourite food, a new study suggests.
07 February 2019
Two thirds of UK adults don't know they're able to lower their risk of developing dementia, new research has shown.
06 February 2019
More than 600 people a day are quitting their jobs to care for relatives, a charity has warned.
05 February 2019
Millennials in the US face an increasing risk of developing an obesity-related cancer, a new study has revealed.
02 February 2019
More than 100 people sought refuge at a pub high on Bodmin Moor overnight after heavy snowfall hit the A30, leading many stranded motorists to abandon their cars.