Get rid of your Greek and Spanish Euros....

[BlasterBates]

Well there isn't much in circulation. What would normally happen is that they would go round the banks and stamp all the notes, not a lot you can do with all the notes in circulation, but it would be a relatively small amount and most of them would have to be exchanged in Greece before they could spend them.

I doubt they'd refuse the remaining notes in circulation, it wouldn't be worth the hassle.

[Diver]

Some think the Germans are now tainted. Safer to hold Swiss Frans, Yen, dollars or, unbelievably, sterling.

I have some sterling, but I'm waiting and saving it to buy a small district in spain or a Greek Island.

I will admit that the £53 is burning a hole in my pocket though

[BrilloPad]

I have some sterling, but I'm waiting and saving it to buy a small district in spain or a Greek Island.

I will admit that the £53 is burning a hole in my pocket though

Did you read that sasguru recently bought a holiday home in Portugal?

Maybe you can be it off him next year for 10% of what he paid for it!

[Diver]

Did you read that sasguru recently bought a holiday home in Portugal?

Maybe you can be it off him next year for 10% of what he paid for it!

Wot £12 for a tiny shack in the overgrown slum area near the Ribeira district. Sasguru's is the little one centre of the pic


Overgrown slum area near the Ribeira district - Porto, Portugal | Flickr - Photo Sharing!

[NotAllThere]

I have some sterling, but I'm waiting and saving it to buy Spain or Greece....

FTFY

[doodab]

Sasguru's eco-shed is the little one centre of the pic [/url]

Doesn't look very welcoming.

[BrilloPad]

Doesn't look very welcoming.

But Diver said its in the Ribena district so it smells of blackcurrant.

HTH

[pmeswani]

In what way can it be said to be a "currency" if some of the notes can be refused?

The Euro is a funny currency in that each country is responsible for printing / producing Euros rather than a Central European Bank.

I won't pretend to understand the ins and outs of why the currency can be refused, but unlike US Dollars and UK Sterling, which are produced by the Country's Central Bank, the production of Euro's by each country is linked to their local economy and membership to the Euro. So if a country pulls out of the Euro, and Europe for that matter, the Euro notes that are produced by the said Country is no longer valid.

Now in practice, would a shop refuse a Euro note that has been produced in Greece? Don't know the answer to that, but at a guess, probably not.

[BrilloPad]

Now in practice, would a shop refuse a Euro note that has been produced in Greece? Don't know the answer to that, but at a guess, probably not.

I doubt anyone knows for sure. But why take the risk?

[SupremeSpod]

I doubt anyone knows for sure. But why take the risk?

Yep, why rely on facts when you can make sh!t up?