Sun Jun 28th, 2015 at 03:55:35 PM EST
Proto Thema (English): Breaking: Capital Controls taken – Banks closed for one week! (June 28 2015)
... The government said the decision came after a request by the Bank of Greece.
According to reports, the bank holiday will last throughout the week, with the maximum daily withdrawal reportedly set at a … princely 60 euros.
Another unconfirmed report deal with whether ATMs will function on Monday at all, given that technical modifications are necessary to cap withdrawals.
Capital controls will reportedly also affect credit cards issued by Greek banks, regardless if they are part of an international credit corporation, like Mastercard or Visa. If this measure goes into effect, cards will be useless both in Greece and … abroad. So much for Greek travelers without a lot of cash on hand.
Conversely, credit cards issued by foreign banks will not be affected, welcome news amid the ongoing “readjustment period” for tourists in the country.