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Tag Archives: abroad

Gov’t prepares legislation to grant voting right to Greeks living abroad

The Greek government is determined to proceed with the legislation that will grant voting right to Greeks living abroad. The government hopes to make it possible for Greeks abroad to vote at the next parliamentary elections expected to take place in October 2019 – if nothing unexpected like snap elections …

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Gov’t takes first steps for Greek expats to vote in elections

Interior Minister Panos Skourletis submitted an amendment to the Greek Palriament on Friday calling for the establishment of a 12-member committee to explore the voting options for Greeks living abroad.  The committee will have to record and evaluate the situation regarding Greek voters living abroad as well as parameters (institutional, …

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Greece loosens capital controls with spectacular up to €5,000 per month

Greece’s Finance Ministry has reportedly already prepared a new legislation that will further loosen capital controls and spectacularly raise the monthly cap of cash withdrawals for natural persons.  The new measure will allow bank account holders to withdraw up to 5,000 euros per month. Since 1. March 2018, the withdrawal …

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Capital controls: Greece considers to raise withdrawal cap, measures for businesses

Greece is considering further easing of capital controls with the increase of  the cap for cash withdrawing and limiting restrictions to businesses.  The new measures could be implemented as soon as 1. June, that is on the third year the restrictions were imposed. According to media reports, the new measures …

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Greece eases Capital Controls restrictions as of Mar 1st – All the changes

Greece has taken further steps to ease the capital control restrictions as of 1. March 2018. Euclid Tsakalotos has approved a series of measures that ease the restrictions, the decision has been already published in the official gazette. The measures raise among others the monthly withdrawal limit and allow the …

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Greek Finance Ministry to chase taxpayers owning properties in 84 countries

The General Secretariat for Public Revenue has begun identifying properties owned by Greek taxpayers in 84 other countries which cooperate with the Greek authorities in a data exchange system. The secretariat’s agencies have already started drawing information from other European Union states and by the end of 2017 they expect …

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5,620 civil servants transferred abroad €1.5billion amid the crisis

Yeap! Our Greek civil servants earn good and apparently save even better! 5,620 government employees transferred a total of 1.45 billion euro to financial institutions abroad and thus amid the crisis. According to data released by the Ministry of Public Administration the average amount sent abroad was 270,000 euro, while …

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Greek FinMin names three MPs who transferred money abroad

A lawmaker from Samaras’ Nea Dimokratia, one from former Samaras’ juniior coaltion partner Democratic Left and one from nationalist opposition Independent Greeks. The three MPs saw their names in a statement issued by the Greek Finance Ministry on Monday. A statement saying that they had transferred money abroad. also the …

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Greece imported billions of euro in banknotes to avert bank run?

Greece’s central bank had allegedly  billions of euros of banknotes shipped in from other central banks abroad to avert a bank run during the country’s debt crisis as depositors withdrew their money,  newspaper To Vima reported on Sunday. The banknotes allegedly arrived to Athens per cargo airplanes, while employees at …

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Greek MP Sent One Million Euro Abroad

A Member of the Greek parliament sent abroad one million euro. To a foreign bank. To deposit it abroad and save it in case of a Greek bankruptcy. The male/female MP sent this money abroad in the dramatic month of May 2011, when the country was struggling against a bankruptcy. This …

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