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Greece Lifts Capital Controls for Domestic Transactions

Almost three and a half years since the imposition of capital controls, Greek authorities announced that they are abolished for domestic transactions and further...

Greece Further Relaxes Capital Controls to €5,000 per Month

Greece's finance ministry has further relaxed capital controls with a decision sent for publication in the Government Gazette on Thursday, raising the monthly limit...

Greeks May See Further Easing of Capital Controls

Reports in Greece are suggesting bank customers will see the amount they can withdraw each month rise to between €4,000-€5,000 ($4,700-$5,880). Currently there are capital...

Greece Eases Capital Controls, Raises Cash Withdrawal Limit

The Greek government has announced a further easing of capital controls effective from Friday. The withdrawal limit from bank accounts will be raised to €2,300...

Greece to Further Ease Capital Controls

The Greek government will announce in the next few days a further easing of capital controls, local media report. The withdrawal limit from bank accounts...

Greece Eases Up on Capital Controls Again

Finance Minister Euclid Tsakalotos signed a decree easing capital controls in the country. According to the new regulations, Greek residents will be able to withdraw...

Maximum Cash Withdrawal Limit Rises to €1800 as Capital Controls Ease

New regulations easing capital controls and raising the maximum monthly cash withdrawal limit to 1800 euros came into effect on Friday. The measure had...

Greece Raises Individual Bank Withdrawals to 1,800 Euros per Month

Greece will further relax capital controls by September 1, in terms of both monthly cash withdrawals and opening of new accounts. According to a decision...

Tsipras to Varoufakis: Let’s Take the €16 Bln of the European Central Bank

"What? There are 16 billion euros in cash scattered here and there, and we do not use them to load ATMs and make them...

How Two Years of Capital Controls Hurt Greek Trade

It was June 27, 2015 when the finance minister at the time, Yanis Varoufakis, and the Greek government decided to impose capital controls in the...

Capital Controls to Stay in Effect Until End of 2018 at Least

Capital controls will remain in effect until the end of 2018 at least, after being enforced in June 2015, Kathimerini daily says. The report cites...

Seven in Ten Greeks Are Now Using Debit and Credit Cards

More than two out of three Greeks are now using debit or credit cards for their daily transactions, even though they have reservations over...

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