Greece Impose Fee On All Cash Withdrawals

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Greece is considering introducing fees on customers who wish to withdraw money from their banks at ATM machines. reports:

Greece is considering imposing a small levy on bank ATM withdrawals to encourage use of credit cards, as part of a broader package of measures aimed at fighting tax evasion, the finance minister said on Tuesday.

“There may be, for example, a small fee on ATM (automated teller machine) withdrawals. This is under discussion as an incentive to use plastic … It has not been decided yet,” Yanis Varoufakis told reporters.

He categorically ruled out any tax on bank deposits.

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