NEW YORK -- The recent devaluation in the Greek drachma, which
increased the purchasing power of the U.S. dollar by 15% compared
with last year, could make Greece one of Europe's best travel
bargains this year.
Although the drachma will fluctuate, as of mid-April, one U.S.
dollar converted to 371.7 drachmas, compared with an average of 280
drachmas in 1997. "The increased value of the dollar amounts to a
bonanza for Americans visiting Greece," according to Nikos Skoulas,
secretary general of the Hellenic Tourism Organization.