Calamos Supports Greece

cash withdrawals

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 been announced and passed as an act of legislative content in early August. A Hellenic Bank...

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 of the Minister of Finance published in the Government Gazette, Greece will marginally lift the...