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Greek Business Bodies: Restoring Market Trust Key After Banking Limits Lift

Greek business and trade bodies are expressing satisfaction with the government’s decision to do away as of September 1 with capital restrictions.
Posted On 27 Aug 2019
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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.
Posted On 06 Aug 2019
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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.
Posted On 08 May 2019
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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.
Posted On 28 Sep 2018
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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.
Posted On 01 Jun 2018
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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.
Posted On 23 May 2018
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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.
Posted On 15 Nov 2017
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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.
Posted On 04 Aug 2017
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Greek Finance Ministry Eases Capital Controls

The Greek finance ministry announced the further relaxation of capital controls, which have been in effect in Greece since June 2015.
Posted On 16 May 2017
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ATM machine in Greece.
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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.
Posted On 08 Aug 2016
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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.
Posted On 25 Jul 2016
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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”...
Posted On 19 Jul 2016
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euros in ATM
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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.
Posted On 28 Jun 2016
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ATM machine in Greece.
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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.
Posted On 11 Jan 2016
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Limit Up to 2,000 Euros for Greeks Going Abroad

Greeks traveling abroad will be able to take 2,000 euros for their travel needs, but the ban on cash withdrawals from banks in Greece and abroad via credit or prepaid cards issued by Greek banks is still in place. The 2,000-euro limit does not apply to foreign nationals.
Posted On 27 Jul 2015
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