Tag Archives: EU politics

What Will The (Likely) Greek Default Mean For Your Travel Plans?

As you might have read, the Greeks are looking likely to default on credit obligations, and the ramifications for the EU are going to make for interesting watching over the next week.  So if you’re planning on joining us in Italy in the coming months, what does it mean for you?

tsipras

Instability is always worrisome for the financial sector, but for the Western traveler to the EU, the news might actually be good.  If you’re buying euros with dollars in coming months, your dollar might just go that much further.

Fracturing in the EU

Fracturing in the EU

Turmoil in the EU.  As noted, it’s unlikely this can carry on unabated much longer.  I’ll be curious to see what comes of this for the travel biz.  While I suspect our dollars will go further as the euro takes a beating, who knows what sort of levies will be enacted to try to prop up the Italian economy.

It’s not like you can bail out the 8th largest economy in the world and still have your currency mean anything.