This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Uber is exiting one more country. The ride-sharing service announced on Thursday that it’s suspending its licensed service in Greece following new legislation, which will impose stricter regulations in the market. Uber will exit the Greek market effective Tuesday, April 10.

“New local regulations were voted on recently with provisions that impact ridesharing services,” Uber said in a blog post. “We have to assess if and how we can operate within this new framework and so will be suspending UberX in Athens from next Tuesday until we can find an appropriate solution.”

Uber launched its operations in Greece in 2015, with UberX. Since then, it’s continued operations only in the capital city of Athens — both UberX, which uses professional licensed drivers, and UberTAXI, which uses taxi drivers. UberX drivers must be employed by fleet partners, such as tourism agencies or rental companies, and cars cannot be more than seven years old.

As reported by Reuters, the new regulations that Uber’s opposed to require each trip to start and end in the fleet partner’s designated headquarters or parking area, which it does not currently do. With the new regulations, a digital registration of all ride-sharing platforms and their passengers will be created.

“Uber remains committed to Greece and we will continue to offer UberTAXI in Athens,” Uber said. “Over the coming days we will do everything we can to support the partners and drivers who have relied on our app over the past few years.”

While the new regulations limit Uber and other ride-sharing services like Beat, they do not apply to taxi drivers. Those drivers will not be included in the registry, their cars can be up to 22 years old and are not required to pick up and drop off in designated areas.

The move on the part of the Greek government comes after strong opposition from local taxi drivers, who accuse the ride-sharing company of taking their business.

This isn’t the first time in recent months Uber has succumbed to regulations or competition. In March, Uber officially gave up operations in Southeast Asia to its rival Grab.

Featured image by Louisa Gouliamaki / Getty Images.

Know before you go.

News and deals straight to your inbox every day.

The best beginner points and miles card out there.
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 points! With great travel benefits, 2x points on travel & dining and a 60,000 point sign up bonus worth up to $1,200 in value, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game. Here are the top 5 reasons it should be in your wallet, or read our definitive review for more details.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.