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Finance ministry announces further easing of 2015-era capital controls

The finance ministry on Thursday announced a further easing of capital controls in Greece, one of the remaining repercussions from failed negotiations between the Tsipras coalition government and institutional creditors in the first half of 2015.

Specifically, as of Oct. 1, 2018 restrictions will be lifted on cash withdrawals from banks in Greece. People with deposits in domestic banks will also be able to withdraw up to 5,000 euros from abroad.

Travelers departing from Greece will be able to take up to 10,000 euros (or in a foreign currency of up to the same value in euros) per trip abroad, per person.

The maximum allowed export of currency, per each business transaction, will increase to 100,000 euros, up from 30,000 euros.