Abstract
The article examines the private law issues that would arise from the introduction of the euro in Greece. The questions raised concern (a) whether the introduction of the euro might have a direct or indirect impact on existing financial obligations, in particular on contracts concluded prior to the introduction of the single currency; and (b) whether its introduction might affect currency legislation in general and more especially the legal rules for the protection of the drachma, the present national currency. It is not to be anticipated that the introduction of the euro will cause any serious imbalance in the obligations undertaken by contracting parties. Where problems nevertheless arise, it will be necessary to find a solution by means of a teleological interpretation of the European legislation, which the author believes will take account of the concepts of good faith and abuse of rights as general principles of European law.
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