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Apple iTunes And AppStore No Longer Work In Greece Due To Debt Crisis

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PayPal, iCloud, and many online subscription services are now off limits due to laws banning the use of Greek credit cards to spend money outside the country.

Last weekend, Greece's government imposed capital controls — restrictions on the ability to take money out of the country — due to an economic crisis that continues to deepen after the country failed to make a debt repayment to the International Monetary Fund. The restrictions were an attempt to ensure cash remains within Greece's economy and is not simply moved to a foreign safe haven.

However, the move has also had the effect of stopping many payments made using Greek credit cards to online services based outside the country. As a result, ordinary Greeks who are accustomed to using international services such as Apple's AppStore and PayPal are now finding that they can non longer use popular paid-for internet services due to the financial restrictions.


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BuzzFeed – Tech

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