TEM (currency)
{{ infobox currency
|name = TEM
| local_name1 = Τοπική Εναλλακτική Μονάδα
| local_name_lang1 = el
|issuing_authority = None. (Local exchange trading system)
|issuing_authority_website = {{URL|http://www.tem-magnisia.gr/}}
|unofficial_users = {{flag|Greece}} (region of Magnesia)
- 50 members (2010)
- 400 members (October 2011){{cite news|last=Donadio|first=Rachel|title=Battered by Economic Crisis, Greeks Turn to Barter Networks|url=https://www.nytimes.com/2011/10/02/world/europe/in-greece-barter-networks-surge.html?pagewanted=all|accessdate=10 October 2012|newspaper=New York Times|date=2011-10-01}}
- 800 members (April 2012){{cite news|last=Lowen|first=Mark|title=Greece bartering system popular in Volos|newspaper=BBC News Europe|date=2012-04-11}}
|date_of_introduction = circa 2010
|date_of_introduction_source = [https://www.nytimes.com/2011/10/02/world/europe/in-greece-barter-networks-surge.html?pagewanted=all New York Times]
|using_countries = None
|nickname = TEM
|iso_code=none
}}
TEM (Greek: Τοπική Εναλλακτική Μονάδα ("Alternative Monetary Unit"); abbrv: TEM{{cite news|last=McCartney|first=Kelly|title=Greek town creates its own alternative currency|url=http://www.csmonitor.com/World/Making-a-difference/Change-Agent/2012/0505/Greek-town-creates-its-own-alternative-currency|accessdate=10 October 2012|date=2012-05-05|archive-date=2012-10-10|archive-url=https://web.archive.org/web/20121010012556/http://www.csmonitor.com/World/Making-a-difference/Change-Agent/2012/0505/Greek-town-creates-its-own-alternative-currency|url-status=dead}} ) is a local exchange trading system (LETS) popular in Volos, Magnesia, Greece.{{cite news|title=Ditch the euro? As crisis swirls, many Greeks already are with alternate currency scheme|url=https://www.washingtonpost.com/world/europe/ditch-the-euro-as-crisis-swirls-many-greeks-already-are-_-with-alternate-currency-scheme/2012/05/21/gIQA8oXIfU_story.html|accessdate=21 May 2012|newspaper=Washington Post|date=2012-05-21}}{{dead link|date=June 2021|bot=medic}}{{cbignore|bot=medic}} [http://www.meansofexchange.com/2012/05/22/ditch-the-euro-as-crisis-swirls-many-greeks-already-are-with-alternate-currency-scheme/ Alt URL]{{cite news|last=Henley|first=Jon|title=Greece on the breadline: cashless currency takes off|url=https://www.theguardian.com/world/2012/mar/16/greece-on-breadline-cashless-currency|accessdate=10 October 2012|newspaper=The Guardian|date=2012-03-16}}{{cite news|title='People need some way out': Bartering takes hold in austerity-wracked Greece|url=http://worldnews.nbcnews.com/_news/2012/06/15/12234560-people-need-some-way-out-bartering-takes-hold-in-austerity-wracked-greece?lite|accessdate=10 October 2012|newspaper=NBC World News|date=2012-06-15}}{{cite news|last=Lowen|first=Mark|title=Greece local exchange trading system (LETS) popular in Volos|url=https://www.bbc.co.uk/news/world-europe-17680904|accessdate=10 October 2012|newspaper=BBC News Europe|date=2012-04-11}}{{Cite news|last=Roberts|first=Nadim|date=2015-08-13|title=Alternative Currencies Flourish in Greece as Euros Are Harder to Come by|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/alternative-currencies-flourish-in-greece-as-euros-are-harder-to-come-by-1439458241|access-date=2021-02-08|issn=0099-9660}}
See also
{{Portal|Money}}
- European sovereign-debt crisis
- Local exchange trading system
- Ovolos, a similar system in Patras, Greece.
References
{{reflist}}
External links
- [http://www.tem-magnisia.gr/ Official Site] (Greek)
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