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Greece Eases Up on Capital Controls Again

Finance Minister Euclid Tsakalotos signed a decree easing capital controls in the country. According to the new regulations, Greek residents will be able to withdraw...

Maximum Cash Withdrawal Limit Rises to €1800 as Capital Controls Ease

New regulations easing capital controls and raising the maximum monthly cash withdrawal limit to 1800 euros came into effect on Friday. The measure had...

How Two Years of Capital Controls Hurt Greek Trade

It was June 27, 2015 when the finance minister at the time, Yanis Varoufakis, and the Greek government decided to impose capital controls in the...

Capital Controls to Stay in Effect Until End of 2018 at Least

Capital controls will remain in effect until the end of 2018 at least, after being enforced in June 2015, Kathimerini daily says. The report cites...

Avoiding Capital Controls: Real Estate Revenues From Foreign Buyers Deposited in Banks Abroad

The majority of revenues of Greek luxury real estate transactions acquired by foreign nationals remain in banks outside of Greece, sources have reported. In fact,...

Greek Central Banker Says Capital Controls to be Eased Soon, Debt Relief Needed

Bank of Greece Governor Yannis Stournaras said that Greece will soon ease capital controls, however, full liberalization would depend on progress regarding Greek debt...

Calamos CEO John Koudounis: Capital Controls in Greece are Deterrent to Investors [video]

Capital controls are deterrent to investors in Greece and "you cannot keep these controls and expect the country to do well," said Calamos Investments...

Capital Controls Likely to Stay Indefinitely, Says Greek Bank Official

Capital controls in Greece are unlikely to be lifted in the foreseeable future, says a Vima newspaper report, citing a high bank official who...

Bank Officials Say Depositors Still Wary Due to Capital Controls

Greeks are still not convinced that they can trust banks with their earnings, according to a recent report from the Bank of Greece (BoG). Not...

Greek Finance Minister Further Relaxes Capital Controls

Greek Finance Minister Euclid Tsakalotos has further relaxed capital controls with a decision published in the government gazette on Friday. This was the 11th...

Ease of Capital Controls Could Bring €2-3 Bln Cash Inflow to Greek Banks

The proposed plan to ease capital controls could bring an immediate 2-3 billion euros cash inflow to Greek banks if implemented, bank officials estimate. Creditors...

Easing of Capital Controls in Greece

Greece's creditors have given Bank of Greece the green light for relaxation of capital controls, with the European Central Bank expected to give the...

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