European travel groups prepare for Greek euro exit

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European travel groups prepare for Greek euro exit

The Associated Press

BERLIN (AP) — European travel companies are planning for a possible Greek exit from the eurozone, as the country's political leaders gave up trying to forge a government Tuesday and announced fresh elections for June.

British travel firm Thomas Cook Group said Tuesday that while Greece remains a "great value" for holidaymakers, the company is working closely with hotels and other suppliers to position itself for a possible euro exit.

"We believe there are positives and negatives for the travel industry in the event that Greece were to leave the Euro," it said.

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May 15, 2012

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4 readers comments


1. christos Pappas wrote on May 15, 2012 6:37 PM	It is shame that stuped incedents as sutch acur by some dom.doms

2. Niko Seretis wrote on May 15, 2012 10:22 PM	These morons are going to ruin Greece's tourist industry. I still feel if Greece were to ever make a comeback it would be through toursim. We need businessmen as leaders with a plan, a plan to turn Greece into a hotspot for tourism for Europeans, Russians and Israelis.

3. Nicholas Kostopoulos wrote on May 15, 2012 11:07 PM	It has started in Greece the attack on tourists. This will totally destroy the tourist industry, the only bright spot in a totally destroyed country. I will predict that with at the most 2 years, Greece will be the worst place for any tourist to step in. What will the Greeks do than, blame the world for their own stupidity. What truly fools they are.

4. Philip Vorgias wrote on May 15, 2012 11:32 PM	What will they do then, Nicholas? What they always do-go on strike, riot, attack the police, demand the government increase spending on programs which benefit them (it'll be a bankrupt government then, of course), you know the drill. They'll have the printing presses in the Greek Central Bank printing out Drachma notes as fast as they can-and they'll be diminishing in value even faster. Greece will be Germany in 1925-where it took a hundred million Deutchmarks to buy a loaf of bread.
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