Greece’s forced 3-week bank closure ends Monday but restrictions on withdrawing cash remain + MORE Jul 19th

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A new Apple patent suggests the tech juggernaut may be interested in targeting customers with ads based on their incomes and credit card balances.

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ATHENS, Greece – Greek banks are reopening Monday after a forced 3-week closure but restrictions on cash withdrawals will remain.
In a decree Saturday, the Greek government kept the daily cash withdrawal limit at 60 euros ($65) but added a weekly limit. For example, a depositor who doesn’t withdraw cash on Monday can withdraw 120 euros ($130) on Tuesday, and so on, up to 420 euros ($455) a week.
Bank customers will still not be able to cash checks, only deposit them into their accounts, and will not be able to get cash abroad with their credit or cash cards, only make purchases. There are also restrictions on opening new accounts or activating dormant ones.
The decree also pushes back by a month, to August 26, the deadline for filing income tax returns.
The degree came on the same day as Greece’s coalition government swore in its new, reshuffled cabinet. Five prominent dissidents from the radical left Syriza party, the senior coalition party, were replaced. Four of them had voted against an agreement with Greece’s creditors Thursday and the fifth had resigned before the vote…

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According to FICO, there is no such thing as a penalty for too much unused credit

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