Few summer destinations share the enchanting appeal of the Greek Islands, an intoxicating mix of sun, beaches, delectable food, wine, Mediterranean architecture and history. And then there's the mainland, dotted with ancient wonders such as the Acropolis, Olympia and Delphi.
The good news is since the euro's introduction, there's never been a more affordable time to vacation in Greece
and soak up some of that vitamin D. The loonie has just hit a record high
against its European counterpart making accommodation and food cheaper.
The global financial crisis, recession and now the Greek debt crisis, has caused the value of the euro to plunge against most currencies around the world. The loonie currently buys about 80 euro cents, a record high level and up from about 58 euro cents at the beginning of 2009. If the Greek economy begins to get back on track, it is fair to say that the Canadian dollar will ease its way lower versus the euro, although that will not likely begin to happen this year.