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Capital control changes for Greece

Greek Finance Minister Euclid Tsakalotos approved the further relaxation of capital controls on Friday in efforts to boost confidence in the country’s banking system and pave the way for new deposits.

Greece welcomes more Russian tourists

The number of Russian travelers to Greece and the resultant spending has given the Greek economy a much-needed boost with arrivals up by 47.6 percent at 83,000 and spending increased by 8.7 percent or 54 million euros in the first five months of the year, according to data released by the Russian Association of Tour Operators (ATOR).

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