Greece Moves to Cap ATM Fees Amid Public Backlash
The decision triggered widespread backlash, prompting Finance Minister Kyriakos Pierrakakis to step in with immediate regulatory action. In a move reminiscent of his predecessor and current Deputy Prime Minister Kostis Hatzidakis, Pierrakakis unveiled a set of measures designed to ease the financial burden on consumers, particularly regular bank customers.
The new rules overhaul the ATM fee structure nationwide. Charges have been scrapped for bank customers using ATMs of other banks within Greece’s DIAS interbank network. Withdrawals from machines operated by service providers that share shareholder ties with a customer’s bank are now also fee-free. For
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