May current account shows surplus of 191.5 million as underlying indicators improve
Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
Travel balance records 127 mln surplus in Q1, much improved on last year
Budget primary surplus at 617 mln in June as expenditure continues to fall below target
Building permits up by 1 pct in April and 5.2 pct in first four months of the year
Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
Greece’s Finance Ministry (MoF) announced on Thursday that the capital controls introduced in the summer of 2015 will be further relaxed from Monday as part of an effort to fully abolish them not long after the end of the programme.
The conditions for withdrawals and transfers will be amended from June 4, starting with the monthly amount that Greeks will be allowed to withdraw from their bank accounts. This will increase from 2,300 to 5,000 euros. This is applicable per calendar mo...
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