The Economics are Difficult for Greek Nationals
Well, as if the economics in Greece weren’t already bad enough. Its Official – as of Midnight Tuesday, Greece defaulted on its multi billion dollar IMF loan, and while efforts are presently underway to restructure yet another bailout scenario for Greece, it will be an uphill battle for them for sure, having defaulted already.
However, here’s the light at the end of the tunnel. Travel and Tourism to Greece, which is derived mainly from outside of Greece, appears to be, for the present pretty much unaffected, which is really good news indeed for Current and Prospective travelers to this Mediterranean Paradise!
Now, while you may have heard that Grecian Nationals are being faced with Banks being closed, and ATM withdrawal limitations of no more than $60 euros, this does not effect foreign nationals who are traveling from abroad. As they are only limited by their own banks normal daily withdrawal limitations.
Greek appeal remains Strong!
While the recession in Greece has reached catastrophic proportions for pretty much everyone in the country, (with many businesses and services being shut down) – the travel business just might be one of the country’s brighter stars that shines.
There is an natural appeal of Athens and Greece for cultural reasons and the beauty of its islands; they’re not going anywhere and the people (both foreign and national) will continue (and should) go there, and shop there. Also, there is a unique and kindred spirit between Americans and Greeks, that’s also – is not going to change either!
Greece has, not only the appeal, but also the prices to continue as a major player in travel.
Pricing is appealing, and while I think it may have something to do with their present situation, the fact is, that Greece offers good prices and great experiences for those who visit there, with cultural stops, restaurants and shopping being high on the popularity list. You can eat at some of the most spectacular restaurants in Santorini and Athens that are half the cost of the restaurants compared to Paris and nearby Rome.
So as for GREECE – TRAVEL ON MY FRIENDS