Tag Archives: capital controls

Banks in Greece to Reopen Monday with Capital Controls Still in Place, New Problems for Puerto Rico and Jade Helm Begins…

With the European Central Bank finally agreeing to extend the much needed “emergency liquidity assistance” (read: cash), the banks of Greece are set to reopen on Monday. Capital controls are expected remain in place with daily limits on withdrawals set … Continue reading

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“Bank Holiday” and Capital Controls in Greece Extended. Banks to Remain Closed.

Imagine going to the bank for some cash and seeing it surrounded by riot police. You try the ATM but it is “out of service”. You’re hungry and low on food so you take what little cash you have left … Continue reading

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Greece Calls for “Bank Holiday” and Capital Controls: Banks Closed for Next Week

Lines are wrapping around the block at ATMs throughout Greece as citizens wait to withdraw their money. A significant number of ATMs are already out of cash.   Last week, many thought that Greece and the IMF were close to … Continue reading

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