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Capital Controls to Be Lifted by the End of September, 2019

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday. The restrictions to capital...

Bank of Greece Governor Stournaras Proposes Abolishment of Capital Controls

Υiannis Stournaras, the Governor of the Bank of Greece, revealed on Friday that he proposed to the new Prime Minister, Kyriakos Mitsotakis, the complete...

Former PM Pikrammenos Asked Obama to Mediate Between Greece and Creditors During Crisis

The former caretaker Prime Minister of Greece, Panagiotis Pikrammenos, admitted that he sent a letter to Barack Obama in 2012, asking him to intervene...

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...

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