Lafazanis, leader of a hardline faction in the ruling Syriza party that has argued for a return to the drachma
, said the move would have allowed pensions and public sector wages to be paid if Greece were forced out of the euro.
Athens' failure to reach an agreement with its international creditors on a new bailout program before the previous aid package expired on June 30 fueled speculation that the country might leave the Eurozone and return to the drachma
There are growing fears of a run on Greek banks as the public scrambles to get euro out in case a hasty return to the drachma
wipes out their savings.
It is a pity no one told them they are using euros now so their drachmas
are all now worthless.
One side of the tetra drachma
coins depicts Alexander the Great, while the other side depicts the Greek god Zeus sitting on a throne with an eagle on his outstretched right arm.
Here, Elter had concerns about the cost risk associated with the large dollar and foreign currency expenditures needed to perform a contract with the price stated in drachmas
. Elter was prompted to study the exchange rate for the two years preceding the solicitation.
When I go through my old lira, pesetas, francs and drachma
, I am reminded of the true meaning of being "in the Navy," and seeing something unique outside the United States.
But no ancient Greek, particularly not Pindar (538-418 BC) who could command very high fees (he was given 10,000 drachmas
, equivalent to 43 kilos of silver, by the Athenians for a few lines in the 470s), would have understood the point that Beazley was making in comparing a pottery vase to a gold one.
Twenty deutschmarks would inoculate a child against all six major killer diseases and 8,000 drachmas
would feed one hungry person every day for a week.
MILLIONS of people across Britain may not realise that francs, pesetas, drachmas
and lire they have stored away after holidays and business trips are about to become worthless, the Government has warned.
Contracts have been exchanged on the purchase of the Greek Skaramangas shipyard, west of Athens, by the German company Howaldtswerke-Deutsche Werft AG-Ferrostaal AG (HDW), for Euro 6.16 million (2.1 billion Drachmas
), according to the Greek industrial development bank ETBA.
It began when Greek officials tried unusual means to safely transport a large amount of cash in bundled, used bills -- 220 million drachmas
, or about $546,400.