While the country’s future in the eurozone is more uncertain than ever, Volos, at the foot of Mt Pelion, is already turning away from the euro. This seaside community is side-stepping the crisis with its own alternative local currency - TEM (topiki enallaktiki monada). It is a rapidly-swelling social network that is breathing hope and dignity back into many embattled families.
Across Europe, too, the local currency movement is gaining momentum. Grigoriou has just returned from an alternative currency conference in Toulouse, where there were networks from Spain, Italy, France and Britain.
“Everyone seemed quite afraid about what might happen to them - especially the French. A lot of people are asking themselves if this is the answer to the troubled society we are living in. It’s an experiment that is becoming more and more interesting,” he says.