Impact of International Finance Affects Ordinary Lives

We tend to believe that high level finance is remote from the lives of “ordinary” people, but the Greek debt crisis has shown this is not the case.

More than a million British holidaymakers will be heading to Greece for their holiday this summer and, as the debt crisis unfolds, many of the will naturally be feeling nervous about how it could affect them and their holiday.

Although country’s banks are shut and there are restrictions on how much Greeks can withdraw from banks, credit and bank cards issued abroad can be used at functioning cash machines freely – subject of course to queues and whether there is any cash left in them.

BBC News reports that Gillian Edwards, from the Association of British Travel Agents, spoke to the BBC’s Victoria Derbyshire and stating that tourists should consider taking enough cash to cover the entire duration of their holiday.

Probably good advice, but not great for holiday makers confidence.

If you had been voting in the referendum, how would you have cast your vote?

Impact of International Finance Affects Ordinary Lives

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