Capital controls: Weekly cash withdrawal limit set to increase

17 January 2016
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The capital controls in Greece are gradually being lifted, with a report in the Friday edition of the Avgi newspaper claiming that the weekly withdrawal limit is set to increase.

According to the newspaper report the weekly withdrawal limit will increase from 420 to 500 euros. Additionally, the withdrawal cap will be renewed seven days after the account-holder’s last withdrawal, rather than on Friday evening, as is at present.

The newspaper report claims that the Ministry of Finances has prepared the relevant decision and plans on enforcing it in the next few days.

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