Greece

Greek businessmen and citizens across the country hailed the government's decision this week to lift capital controls and return to fiscal normalcy, after fifty months of strict monetary oversight of the economy. The Greek economy is now free to return...

Greek Prime Minister Kyriakos Mitsotakis made a surprising announcement of a complete lifting of all capital controls in Greece on Monday afternoon. The stunning news came as a result of Greece's growing economic stability, only one year after the country...

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday. The restrictions to capital imposed in June of 2015 will be lifted by the end of September of 2019,...

Υiannis Stournaras, the Governor of the Bank of Greece, revealed on Friday that he proposed to the new Prime Minister, Kyriakos Mitsotakis, the complete abolishment of capital controls in Greece. After his meeting with the PM at Maximos Mansion, Stournaras...

Almost three and a half years since the imposition of capital controls, Greek authorities announced that they are abolished for domestic transactions and further eased for transactions abroad. The government’s decision to proceed with a further loosening of capital controls...

Greece's finance ministry has further relaxed capital controls with a decision sent for publication in the Government Gazette on Thursday, raising the monthly limit for cash withdrawals to €5,000 ($5,850) per depositor a month, from €2,300 at present. The decision...

Reports in Greece are suggesting bank customers will see the amount they can withdraw each month rise to between €4,000-€5,000 ($4,700-$5,880). Currently there are capital controls on Greek account holders, restricting them to withdrawals of up to €2,300 per month. If...

The Greek government has announced a further easing of capital controls effective from Friday. The withdrawal limit from bank accounts will be raised to €2,300 ($2,870) from the current limit of €1,800 per month and restrictions on opening new accounts...

The Greek government will announce in the next few days a further easing of capital controls, local media report. The withdrawal limit from bank accounts will be raised to €2,300 ($2,870) from the current limit of €1,800 per month and...

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 100 percent of money transferred from abroad to current accounts opened in Greek credit institutions,...

New regulations easing capital controls and raising the maximum monthly cash withdrawal limit to 1800 euros came into effect on Friday. The measure had been announced and passed as an act of legislative content in early August. A Hellenic Bank...

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 midst of negotiations with creditors over the country's bailout. Two years ago on this date, Greek...

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 a credit sector source and comes in light of a new government announcement that there...

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, according to Yiannis Ploumis who is the general director at the Ploumis-Sotiropoulos real estate agency...

Bank of Greece Governor Yannis Stournaras said that Greece will soon ease capital controls, however, full liberalization would depend on progress regarding Greek debt relief. The country’s debt burden is also a precondition for entering the European Central Bank’s...