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 08:44
Greece could soon say goodbye to the euro
People embarking on holidays to Greece this summer are being warned about a possible "Grexit".
The country faces an exit from the euro bloc - and even the European Union (EU) - if it fails to reach a deal with bailout creditors by the end of the month.
Around two million Britons sun themselves on its shores every year.
Travel organisation Abta is urging all holidaymakers to make sure they have enough cash in euros to get them through their trip.
Don't panic
But travel and money experts claim visitors should not panic over speculation that Greece could exit the eurozone.
If the country was to exit the eurozone, Abta says the switch to a new currency would not happen overnight.
A spokeswoman for the organisation advises holidaymakers heading out to Greece this summer to take some cash in euros with them, as well as other payment methods such as credit/debit cards, so that they are covered for all situations.
She also recommends taking out travel insurance as soon as they book their holiday, to provide protection should they need to cancel.
'No disruption'
European leaders have gathered for an emergency summit in Brussels that could break the deadlock around Greece's debt crisis.
The country must repay a loan of 1.6 billion euros (£1.1 billion) by the end of June or risk crashing out of the single currency, and possibly the EU.
Talks have been ongoing for the past five months.
The European Commission, the International Monetary Fund and the European Central Bank are unwilling to unlock the remaining bailout funds until Greece agrees to economic reforms.
Abta does not anticipate that there will be any need for tour operators to re-book their customers to a different destination in light of the talks.
It has received no indication that holidaymakers will be disrupted, but says it will continue to monitor the situation and work with members on any developments, in a bid to protect travellers over the coming months.
21 July 2017
Researchers have claimed that 1 in 3 dementia cases could be prevented were people to make certain changes to their lifestyles.
[more...]
20 July 2017
A report has criticised survival rates in the UK for a number of cancers.
19 July 2017
A leading expert in health inequality has called for 'urgent investigation' after increases in life expectancy stalled in recent years.
18 July 2017
People following a so-called Mediterranean diet rich in oily fish, fresh vegetables and nuts have a lower risk of suffering dementia.
15 July 2017
If you often put in extra hours at work you may want to think again.
14 July 2017
Researchers have highlighted a link between tall men and aggressive cases of prostate cancer.
13 July 2017
More than three-quarters of long-term carers feel stressed by their role, according to a new report.
12 July 2017
Want to live a longer life? Try drinking more coffee - so say researchers.
11 July 2017
More people are diagnosed with cancer than those who are getting married each year, new research suggests.
08 July 2017
Heading off on holiday this summer? Don't forget your sunnies.
07 July 2017
Startling new figures have underlined the dementia challenge facing the country.
06 July 2017
When it comes to embarking on a new life or buying a holiday home in the sun, Spain is king among Brits.