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Travel & Tourism industry news. A Service by Greek Travel Pages (gtp)
 

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.

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.

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 Examines Lifting Banking Limits After Bailout Exit

As Greece prepares to exit its bailout program in August, the government is looking into ways to further ease and ultimately lift capital controls.

Greek Finance Minister Eases Capital Controls

Individuals wishing to open a new bank account can now do so after a decision by Greek Finance Minister Euclid Tsakalotos to further ease capital controls.

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.

Latest Capital Control Changes for Greece

Greek Finance Minister Euclid Tsakalotos approved the further relaxation of capital controls last Friday in efforts to efforts to boost confidence in the country’s banking system and pave the way for new deposits.