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cash machine

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Jimbo:
Withdrawals were 3 billion between Monday and Thursday alone, and the banks have asked the ECB for more liquidity assistance. One commentator said that if they didn't get it the banks might close on Monday.

I've been saying "take cash" for months, and frequently accused of "scaremongering." Now that the Greek crisis is high on the news agenda every day maybe people will recognise that there could be problems and inconvenience for a while.

Unfortunately, the situation is causing significant damage to Greek tourism. AgStef has a large loyal cohort of people who go back, but I know from contacts in the village that bookings are lower than hoped. If there is a banking melt-down, our Euros in hand will be be extremely welcome.

swedebasher:
Could not agree more Richard.

Richard/Jackie/Nathan:
We only ever take cash anyway and if things o go into meltdown I can see it going even further and making our holidays even better value.

Jimbo:
European Central Bank helped the Greek banks out, so no worries at the moment.

Rover:
Expect the cash machine to empty. Take cash.

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