PREVENT CAPITAL FLIGHT: Greece Enacts Desperate Measures

Posted on 05/06/2015


Greece will be charging people at cashpoint withdrawals and financial transactions in a bid to prevent a hemorrhaging of capital racing out of Greek banks. The surcharge fees will help the country raise cash (estimated €180 million), as the Greek government faces bankruptcy. The cashpoint surcharge measure, expected to be €1 for every €1,000 transaction, […]

Get News, People, and Transactions, Delivered to Your Inbox