Capital controls limit increased to €2.800 in Greece after March 1st

Greeks will be allowed to withdraw up to €2,300 from their bank accounts monthly after the country’s Finance Ministry increased the threshold limit from €1,800 on Wednesday.

The relevant provision, which was published in the government gazette on Wednesday and will take effect as of Thursday, March 1, also lifts restrictions on the opening of new bank accounts.

Capital controls have been imposed in Greece since July 2015 while the newly elected SYRIZA government and then Finance Minister Yanis Varoufakis were in the middle of tough negotiations with the country’s creditors.

Read more here.

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

Photo Source: Wikimedia Commons Copyright:Europa credito urgente  License: CC-BY-SA

Source: protothema.gr

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