Government eases capital controls further, aiming to restore depositor confidence

Photo by MacroPolis
Photo by MacroPolis

Following pledges earlier in the month, the government has now further relaxed the capital controls imposed last summer.

Finance Minister Euclid Tsakalotos published in the Government Gazette on Friday the relevant amendment allowing further relaxation, following the ratification of the proposed measures by the European Central Bank’s governing council on Thursday.

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