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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: 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.