Further loosening of capital controls announced in Greece

The Greek government on Friday further loosened capital controls on bank deposits held in Greek banks, a measure imposed by the same ruling party, SYRIZA, in the wake of the announcement of a controversial referendum in late June 2015.

 The decision, signed by FinMin Euclid Tsakalotos has already been published in the government gazette, and allows legal entities that field double entry accounting books to open new bank accounts unconditionally.

Among others, a number of international agencies active in Greece, such as Frontex and the IMF, will no longer face any capital controls. 

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

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