Monday, July 20, 2015

Greek Banks Reopen

Greek banks have reopened today, with restricted services and capital controls still firmly in place.

The withdrawal limit of €60 per account per day has been replaced with a weekly limit of €420. 
This change  is designed to encourage people to withdraw their maximum weekly allowance today, thus giving the semblance of "normality" during the rest of the week (ie large queues today, and very few for the rest of the week).

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