Greek banks reopen but frustrations and restrictions remain

Greek banks reopen but frustrations and restrictions remain
Copyright 
By Euronews
Share this articleComments
Share this articleClose Button
Copy/paste the article video embed link below:Copy to clipboardCopied

Greek banks reopened on Monday after being closed for three weeks but many restrictions remain. The limit on cash withdrawals stays at sixty euros a

ADVERTISEMENT

Greek banks reopened on Monday after being closed for three weeks but many restrictions remain.

The limit on cash withdrawals stays at sixty euros a day, capped at 300 euros this week. That will be raised next week to 420 euros.

Customers may not cash cheques, only deposit them, and can not buy anything online.

Businesses need special approval to pay for imports.

Some customers reported that many bank branches were not ready for business which resulted in frustrated customers.

One customer commented, “…withdrawals, cheques, whatever a business needs to operate properly still has a problem. I hope step by step we will get back to normal.”

“Frustrated? I cannot describe it. Why? Because the people that organised this have no brains at all… I’ve been here two or three hours,” said another.

“I lost my place in line, because people pushed in front of me, there was nowhere to sit, my legs are aching,” said a customer who said he had been at the branch for an hour and a half.

Banks said customers should expect “minor delays” after they closed to save the system from collapsing under a flood of withdrawals .. but they expect services to return to normal.

Share this articleComments

You might also like

Free cash rumours led to queues outside banks in Ireland following technical fault

European stocks plunge as Italy hits banks' profits with 40% windfall tax

Chief executive of UK's NatWest bank quits in row over Nigel Farage's bank account