Athens: An almost washed up Greece woke up to a new beginning as banks across the country reopened after 3 weeks of shutting down. The deal signed between the government and the Eurozone however, brought more taxes on the people.
People queued up outside the banks as the doors unlocked at 8 in the morning. The government has kept the daily cash withdrawal limit at € 60, adding a weekly allowance of € 420. Bank customers will still not be able to cash checks, and only deposit them into their accounts. They will not be able to get cash abroad with their credit or cash cards and can only make purchases. There also are several restrictions on opening new accounts or activating inactive ones.
VAT rose from 13 per cent to 23 per cent, upping the prices of several meats, cooking oil, olive oil, cocoa, vinegar, salt, flowers, firewood, fertilisers, insecticides, sanitary towels and other basics.
