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Sunday, June 3, 2018

Greece relaxes bank withdrawal rules in step towards normality

Confidence-boosting decision is taken as country prepares to exit third bailout programme Greece is to take a substantial step towards easing capital controls – restrictions associated with the worst days of economic crisis – as it prepares to exit its current bailout programme. Signalling that confidence is gradually returning to the country’s banking system, the leftist-led government has almost doubled the amount depositors will be able to withdraw from their accounts as of Monday. Related: Italy's eurozone crisis: no easy fixes for the European Central Bank | Nils Pratley Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com