Prime Minister Kyriakos Mitsotakis announced over the weekend a ban on new short-term leases licenses in three municipal districts of Greek capital Athens. The measure is to be in effect for one year. Τhe measure is thought as a solution to the housing crisis in the country that has taken …
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Greeks should limit electricity consumption in the evening, says minister
Energy Minister Kostas Skrekas issued a recommendation for citizens to reduce electricity consumption by 5% as Greece is obliged to do according to EU member-states agreement. “Greece in the coming months has a goal to reduce energy consumption during peak hours by at least 5%. So the effort of all …
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Taxi passenger limit suspended on New Year’s Eve and Jan 1
There will be no limit to the number of passengers allowed in a taxi for people visiting friends or family on New Year’s Eve December 31 and January 1, media report on Thursday. The exception to the rule of “one customer per taxi” over these two days refers to family …
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Greece gov’t limits “movement in open public spaces midnight to 6 a.m.”
What is the purpose of limiting movement in open public spaces between midnight and early morning, when Greece is gradually lifting the lockdown? Many Greeks wonder about this new weird measure – one of the many – and no government official has bothered so far to give a logical or …
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Greek banks raise limit for contactless card payments without PIN
The Hellenic Association of Banks announced on Thursday that the banks increase the limit for contactless payments with debit, credit cards and prepaid cards without using PIN. The limit is raised from 25 euros today to 50 euros. The measure will be implemented from Monday, March 30 until Sunday May …
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Greece limits to 3 antiseptics purchase, lowers VAT to products for personal protection
Greece has limited to three the number of antiseptics and disinfectants each customer can purchase at a time. The products include also ethyl alcohol. The restriction refers to purchases in supermarkets and pharmacies.These products will be sold in individual packages. The measure became essential as Greeks have been emptying shelves …
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Greece lowers limit for cash transactions to 300 euros
Greece lowers the limit of cash transactions from 500 euro to 300. Purchases with a value above the new limit should be made exclusively through electronic payments. The new limit is thought as a measure to combat tax evasion. This is one of the measures of the draft tax bill …
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Santorini to impose cap on cruise ships to avoid overtourism
Picturesque Santorini with its spectacular scenery and sunsets has been struggling in the last few years with overtourism. Local authorities plan to cap the number of tourists mainly arriving via cruise ships. According to reports, Santorini will cap the number of daily arrivals at 8,000 as of begin of 2019. …
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Greece to further ease Capital Controls restrictions, raise withdrawal limit
Greece is preparing two more measures to ease restrictions for Capital controls imposed in the country since end of June 2015. One of the measures will be the raising of monthly withdrawal cap and other will affect opening of new accounts at the banks. According to media reports on Friday, …
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Greece’s doctors react to limitation of scientific events sponsored by pharmaceutical companies
Doctors in Greece reacted to a decision by the National Drug Organization (EOF) that limits the number of congresses funded by pharmaceutical companies. A circular issued by EOF limits the number of scientific congresses and events sponsored by pharmaceutical companies down to 48 per year. The controversial circular states that …
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Germany significantly cuts back refugees’ family reunion from Greece
The German government has significantly cut back on family reunions for refugees arriving from Greece, local media reported. Germany has taken in over a million people and is facing “limited capacity.” German Interior Minister Thomas de Maiziere has reduced the number of asylum-seeker family members allowed into the country from …
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Capital Controls to stay in Greece until at least the end of 2018
Lifting of capital controls is allegedly not expected to take place before at least the end of 2018. The restrictions were imposed end of June 2015, after the European Central Bank drained Greece’s banks and depositors were massively were withdrawing money out of a fear the country could exit the …
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Greece is shock! Permanent & stricter “Capital controls” for public servants and pensioners
A shock-measure: civil servants and pensioners will be subject to stricter capital controls than the rest of the Greeks. They will be able to withdraw only €150 per week – with the cash withdrawal cap being €420 per week – that is a total of €600 per month. The rest …
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UPD Greece extends Bank Holiday to 13/7/15; Banknotes in ATMs “sufficient until Monday night”
Greek Finance Ministry announced on 8. July that banks will remain closed until at least midnight on 13 July 2015, that is one day after the EU Summit on Sunday. The Finance Ministry further announced that * Daily withdrawal from ATM remains at €60. *Pensioners without credit or debit …
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Capital controls won’t affect tourists/expats with foreign bank accounts
Tourists and expats living in Greece will not be affected by the capital controls/ATM withdrawals, the Greek government said in a non-paper early Monday. Holders of credit and debit cards issued by Greek banks are not allowed to withdraw more than €60 daily. The exception from the €60-daily-limit refers to …
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