Written by IainB
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Topics: Economy, Greece, euro, wallet

Tuesday, 22 May 2012

image for Greeks hold a competition to name their new currency
The Greek Mint is normally used to flavour tzatziki

With the news that they will be thrown out of the Euro, the Greeks now have the decision to make of what to call their new currency.

"We could go back to the Drachma," said head of the Greek Mint, Polo Trebor. "It's got bad memories though."

Instead of naming the currency something that the Greek people don't like, it has been decided to hold a competition where people can submit ideas.

"Once we've got a few ideas," said Trebor, "we'll have a phone vote. We need to put something on the national television channel that doesn't cost a lot of money. And could generate some."

There have already been a few ideas for the new currency.

"A current favourite is the Lira," said Trebor. "Mainly because it's expected that we'll have runaway inflation inside six months. I guess the Zimbabwe Dollar is already taken."

Also leading the pack is the Uroe, a Greek spin on what has become a traditional favourite, like hummus flavoured ice-cream.

"Personally, I like the idea of a Uroe. I also think an Orue would be a good name," said Trebor.

Whatever the outcome of the phone vote, there will be a lot of work ahead of the Greek Mint as they have to design and print a whole new currency for an entire nation.

"The only thing in our favour is that everybody in Greece is used to having no money," said Trebor. "So while we wait for the currency to dry, it'll be situation normal."

In line with currency production, wallet and purse production will also be ramped up so that when people do have money again, be it Orue, Uroe or, Trebor's favourite named after him and the place he works, that people will have somewhere to put their new found wealth and watch it devaluate faster than a balloon turns to useless plastic when blown up using dynamite.

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The story above is a satire or parody. It is entirely fictitious.

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