Mandatory declaration of cash over €10.000 or cash seizure even in airport transit zones within the EU
Cash Confiscation in Greece: A Comprehensive Overview Introduction Cash Confiscation in Greece, a process where authorities seize money believed to be connected to criminal activities, has been a critical aspect of Greece's legal and economic landscape. This measure aims to combat money laundering, tax evasion, and other financial crimes, aligning with broader international efforts to enhance financial transparency and integrity. Legal Framework The legal framework for cash confiscation in Greece is primarily governed by Law 3691/2008 on the Prevention and Suppression of Money Laundering and Terrorist Financing. This law is in accordance with the European Union's directives on anti-money laundering (AML) and the Financial...
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