TEM (currency)

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Τοπική Εναλλακτική Μονάδα (Greek)
Date of introductioncirca 2010
 SourceNew York Times
Official user(s)None
Unofficial user(s) Greece (region of Magnesia)
  • 50 members (2010)
  • 400 members (October 2011)[1]
  • 800 members (April 2012)[2]
Central bankNone. (Local exchange trading system)

TEM (Greek: Τοπική Εναλλακτική Μονάδα ("Alternative Monetary Unit"); abbrv: TEM[3] ) is a local exchange trading system (LETS) popular in Volos, Magnesia, Greece.[4][5][6][7]

See also[edit]


  1. ^ Donadio, Rachel (2011-10-01). "Battered by Economic Crisis, Greeks Turn to Barter Networks". New York Times. Retrieved 10 October 2012.
  2. ^ Lowen, Mark (2012-04-11). "Greece bartering system popular in Volos". BBC News Europe.
  3. ^ McCartney, Kelly (2012-05-05). "Greek town creates its own alternative currency". Retrieved 10 October 2012.
  4. ^ "Ditch the euro? As crisis swirls, many Greeks already are with alternate currency scheme". Washington Post. 2012-05-21. Archived from the original on 2012-05-22. Retrieved 21 May 2012.
  5. ^ Henley, Jon (2012-03-16). "Greece on the breadline: cashless currency takes off". The Guardian. Retrieved 10 October 2012.
  6. ^ "'People need some way out': Bartering takes hold in austerity-wracked Greece". NBC World News. 2012-06-15. Retrieved 10 October 2012.
  7. ^ Lowen, Mark (2012-04-11). "Greece local exchange trading system (LETS) popular in Volos". BBC News Europe. Retrieved 10 October 2012.

External links[edit]