The Drachma makes a “revolutionary” return in a village of Serres.
The small village, Piyi in Serres with 2,000 residents, had their own “revolution” on March 25th.
Following a public assembly of all the residents, who are mostly elderly, they decided to use the ‘drachma’!
This is the first Greek village which has implemented this practice.
There are also villages in Germany , Italy and Spain that have re-introduced their old currency.
“The idea belonged to a Greek-German who works for Renningen in Stuttgart , when he visited his parents for Christmas, he informed them about a small German village where the residents had unearthed ‘German Mark’ and now use the old German currency for all transactions.
The President of the Local Council, Mrs. Olga Kehagias said, ”We searched online and have rediscovered our lives, with the ‘drachma’. This way we had our own revolution against the euro. It’s all very well with gold and the European currency, but they have given us a lot of grief. At least with the ‘drachmoula’our lives were more peaceful”.
Where were so many coins and notes found???
The people searched their chests and with the help of the Northern Greece Coin Collectors Union, whose members gave a significant number ‘drachma notes’.
What is the rate??? Mrs. Kehagias said, “After mature speculation we decided on the ratio of 1 Euro = 500 drachmas. Of course we could not adopt the rate of 1 euro = 340.75 drachmas since it has been a decade of the introduction to the euro, and this proportion has been practically eliminated. We wanted a simple exchange.”
The transactions in drachmas are only within a limited market in the village of Piyi .
Translated by Michelle Stelletos