Billions of drachmas still flow in

http://www.ekathimerini.com/4dcgi/_w.../12/2004_50862

Almost three years after the country adopted the euro, the Bank of
Greece has been exchanging up to 25 million drachmas (73,000 euros)
worth of banknotes into the new currency on a daily basis, an official
said yesterday.

If someone has a lot of old cash that they acquired "tax free" they
would redeem it in small amounts to avoid attracting the attention of
the tax man, this may account for so much still being exchanged. Billy


stonej wrote:

http://www.ekathimerini.com/4dcgi/_w.../12/2004_50862

Almost three years after the country adopted the euro, the Bank of
Greece has been exchanging up to 25 million drachmas (73,000 euros)
worth of banknotes into the new currency on a daily basis, an official
said yesterday.