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Tuesday, June 30, 2015

Greeks abroad have credit cards rejected amid confusion over capital controls

Analysts say Greek banks are interpreting rules in different ways, with some authorising foreign transactions and others refusing paymentsConfusion over the Greek government’s capital controls has left some Greek holidaymakers and business travellers stranded without cash and having their credit cards rejected. Greek banks are interpreting the capital controls in very different ways, with some authorising transactions abroad, while others flatly refuse requests for payments. That has left some Greek travellers without access to cash, while others are reporting a normal service. Continue reading...


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