Greek Hoteliers Say Capital Controls Are Already Hurting Tourism

By Joseph AdinolfiMarketWatch Pulse

An association of Greek hotels warned on Monday that the government's move to curb withdrawals on Greek deposits is already hurting the country's tourism industry, according to the Associated Press. The association said the recent developments are already having "real negative consequences on tourism," according to a statement cited by the AP. The association added that it hoped normalcy would soon return to help protect the tourism industry and support an economic recovery in Greece.

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