Aug 7th 2009 Holidays In Greece : Advice On Shopping And Money
In this part of our guide to holidays in Greece we focus on shopping and money…
Greece isn’t renowned for its shopping, but it does offer some unique and quality local products. Special purchases include lace, jewelry, metalwork, pottery, knitwear, rugs, leather goods, local wines and spirits, and local handicrafts.
Large international style shopping malls can be found in nearly all of its cities, and you’ll recognize many of the retailers and brands stocked within them. Prices are similar to elsewhere in Europe for such goods though so don’t expect to find any real bargains unless shopping during the sales.
Haggling is only tolerated in tourist souvenir stores and in some family-owned arts and crafts shops. But in all other cases it achieves nothing and is considered rude. In places where haggling is accepted, you can get at least 10-20% off the price, and being able to speak a little Greek is likely to help you get the lowest possible price.
Value Added Tax (VAT) is charged on most items (this is usually but not always included in the item’s price tag) but some shops offer tax free shopping to non-EU residents. This means that non-EU residents can ask for a VAT refund at their port of exit in the EU. To do so, ask for a VAT voucher before leaving the store and show that along with your items to the customs officer upon departure from the EU.
The Euro is Greece’s official currency. This is the only currency that will be accepted but money can easily be exchanged in any tourist center and in the larger cities. The best exchange rates are usually offered by banks, followed by specialist shops, and then automated currency exchange machines. When changing money, make an effort to get mostly smaller denominations, preferably nothing bigger than a €50 note, as many businesses are wary about accepting larger notes.
ATM machines are ubiquitous. Visa, Mastercard and Eurocard are widely accepted in hotels, retail outlets and travel agencies, but some restaurants and local souvenir shops will not accept them.
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