Money & Banking

Greek central bank recommends full lifting of capital controls

Reuters ATHENS | Updated on August 02, 2019 Published on August 02, 2019

People make their way past the National Bank of Greece headquarters in Greece.   -  REUTERS

The Bank of Greece, the country's central bank, has recommended to the government the full lifting of capital controls imposed by the country to prevent a cash flight in 2015.

A senior official with knowledge of the matter told Reuters the central bank is conducting an impact assessment of the move. Full easing of the controls was expected in September or October, the source added.

Published on August 02, 2019
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