THE CHIEF EXECUTIVE OF ABTA SPEAKS ABOUT GREECE!

Worried about Greece….ABTA Executive advises Travel Trade 

If you are selling travel to Greece you may have been contacted by concerned customers this week. Their two main concerns will be the financial impact of Greece leaving the Euro and safety. No one knows exactly what would happen if, and that still is an if, Greece left the Euro, however it is likely there would be a transition period when holidaymakers would still be able to pay with Euros in bars and restaurants. Speculation that Greek-printed Euros would overnight become worthless is also unfounded. The British Bankers Association has said that a Euro is a Euro regardless of where it is printed. What we are recommending is that consumers do not rely on plastic and take plenty of cash with them as it is possible that an exit from the Euro could result in issues with using credit and debit cards at Greek banks. There is also no indication that holidaymakers will be affected by civil unrest. To date, demonstrations that we have seen on TV have been sporadic and limited to parts of central Athens and the second largest city Thessaloniki, neither of which are visited in significant numbers by UK holidaymakers. The vast majority of UK holidaymakers fly directly into the Greek islands which have not seen any unrest. I’m absolutely sure that this year, as ever, people travelling to Greece will be welcomed by the Greeks and their well known hospitality.

Mark Tanzer, Chief Executive

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