- A brief history of the Drachma
In 1827, when the modern Greek State was created, money transactions were carried out mainly in Turkish coins, as well as in foreign currencies such as the Spanish Distilo. There was no Greek currency until 1828. A national monetary system, based on ...
Blog entry - prashantkhorana - Nov 17 2012 - 8:45pm - 4 comments
- Are Greek ATMs Drachma Compatible?
In the latest sign that a Greek exit from the Eurozone is all but imminent, global bank HSBC ran extensive tests on their ATM machines in Athens and throughout Greece in preparation for a return to the drachma. The tests were rigorous and were done to ...
Blog entry - Edmundo Braverman - Jun 4 2012 - 10:22am - 18 comments