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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Greece Lifts Last Capital Controls After Four Years

Greece will lift its last remaining capital controls four years after cash restrictions were imposed to safeguard the country’s banking system from the economic crisis.

Greece to Ease Capital Controls as of Sept. 1

Account holders can as of Sept. 1 withdraw a monthly total of 1,800 euros in cash following a Greek finance ministry decision to ease capital restrictions.

Greece Eases Capital Controls, Now in Effect

In efforts to boost confidence in the country’s banking system, pave the way for new deposits and allow leeway for business transactions abroad, the Greek government has further relaxed capital controls.

Capital Controls in Greece Scaled Back Some More

Greece’s international lenders have indicated that they will go ahead and approve the further relaxation of capital controls imposed on June 28 last year in efforts to boost confidence in the country's banking system and bring back more than 15 billion euros in “elusive”...

Toll of Capital Controls in Greece a Year Later

Capital controls, which were implemented in the summer of 2015 amid Greek political havoc and eurozone uncertainty and restricted access to personal deposits, are still with us a year later.

Katseli: Greece could Lift Capital Controls by End of the Year

Greece could lift most or all capital controls imposed on bank deposits by the end of the year, under certain conditions, according to the head of the Hellenic Bank Association, Louka Katseli.

Katseli: Greece could Lift Capital Controls within Months if Three Terms are Met

Capital controls in Greece could be lifted soon if three important terms are met, Hellenic Bank Association head Louka Katseli said on Tuesday on the sidelines of the Greece-Germany Business Forum in Berlin.

SAAE Thanks IATA for Showing Trust in Greece Despite Capital Controls

The Hellenic Association of Airline Representatives (SAAE) has sent a letter of appreciation to the International Air Transport Association's (IATA) country manager for Greece and Cyprus, George Mamalakis, for his assistance to the sector following the introduction of capital...

Greece: Capital Controls Still On, Central Bank Calls on ECB to Show ‘Good Will’

Despite several changes announced last week to the capital controls which were implemented in July 2015 amid Greek political havoc and eurozone uncertainty, bank officials say the restrictions to our personal deposits will be with us most likely until the end of 2016.

‘Die Presse’: Capital Controls No Obstacle for Tourism to Greece

Greece may have found itself between a rock and a hard place this summer with everything from capital controls and political instability to lingering talk of a “grexit” and a painful refugee influx but it appears that nothing managed to keep tourists aside.

Greece Keeps High Guest Satisfaction Rating in July Despite Capital Controls

Greek hotels received a high guest satisfaction rating in July, despite the uncertainty in the country due to capital controls at the time.

Survey: #GReality – Business in Greece Under Capital Controls

Over half of the businesses in Greece are now facing a new and difficult economic reality, following the imposition of capital controls and restrictions on banking transactions in the country, according to a survey released on Monday by Endeavor Greece.

Greece Returns to List of ‘Marketable Risk’ Countries on Jan. 1

Greece will return on January 1, 2020, to the list of “marketable risk” countries for short-term export credit insurance.

Greece Examining Full Lift of Banking Restrictions

The Greek government is reportedly expected to lift all banking restrictions - in place since June 2015 – in the coming fall.

Greek Govt Mulls Loosening Capital Controls

In efforts to facilitate business transactions, the Greek government is reportedly considering easing capital controls by the end of May.

Air France-KLM Appoints Yiannis Pantazopoulos as New Sales Manager for Greece, Cyprus and Turkey

Air France – KLM has appointed Yiannis Pantazopoulos as the airline group's new sales manager for Greece, Cyprus and Turkey, effective February 1.

Greece Lifts Cash Withdrawal Restrictions

Bank account holders in Greece are now free to withdraw any amount of cash from ATM machines and banks, following a Finance Ministry announcement.

SAAE: Greece’s Airline Representatives Association Changes Board of Directors

Dinos Frantzeskakis has been appointed president of the Hellenic Association of Airline Representatives (SAAE), replacing Giorgos Antonaros who has changed his business activity.

New Bank Limits in Greece, Withdrawals Now at €5,000

Bank account holders in Greece can as of June 4 withdraw a total of 5,000 euros per month from ATM machines and banks, according to a finance ministry decision.

Greece Presents Ambitious Post-bailout Tourism Plan

A development plan drawn up by the Greek government, concerning the next steps for when Greece exits its bailout program, includes tourism among top priorities.