[Greysard]

Actually, only 30-40% of the part over 100,000€ is being confiscated

They have withdrawal limits now, set at 300 Euros. This means the following:

1. All the money is confiscated, regardless of the amount
2. The stolen money, up to 100K Euros, can be returned to you at a later time and in small batches, if you are insistent enough and live long enough.

One could say that "the money, up to 100K Euros, is NOT confiscated" only if you can withdraw it all whenever you wish. This condition is not met.

[steve86]

I understand what you’re saying — it is as good as confiscated.

They claim the capital controls will be ended soon but I really doubt that.