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  1. BoG report highlights need for programme implementation, political consensus
    Photo by MacroPolis

    Economy

    for the financial sector, also encouraging the return of deposits and the lifting of capital controls. The BoG said that the imposition of capital controls initially had an immediate and visible negative impact but that this is easing as controls are gradually relaxed. The most profound distortions were

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  2. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    controls, labour market reforms, privatisations and public administration. The primary surplus target... the contract of trade unionists will be reviewed. Capital controls Bank of Greece (BoG) and the Finance Ministry (MoF) will prepare and publish the roadmap for the relaxation of capital controls outlining

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  3. Check, please: How much Alexis Tsipras's first months cost Greece
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    controls at the end of June 2015 to stave off an intense bank run that the economy contracted. Even... or in anticipation of capital controls after events in Cyprus At the start of the crisis, the banking... the imposition of capital controls in the wake of uncertainty about economic developments and rumours

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  4. Car registrations resume upward trend in August rising by 20.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of capital controls and was the first negative reading since August 2013, while the rate of decrease... trend despite capital controls. In absolute terms, the number of road motor cars stood at 7,039... from customers to buy cars amid fears for Grexit or imposition of capital controls and deposit haircut

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  5. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    of administrative measures on the banking sector (capital controls). Long-term growth is anticipated... controls and severe liquidity shortage in the Greek economy led to major downward revisions of fiscal...-performing loan (NPL) resolution process, imposition of capital controls and payment culture, a capital

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  6. Newsletter 35 - 17/07/2015

    Newsletters

    holiday and the imposition of capital controls, the fundamentals of Debt amortisation makes up 40... in conjunction with domestic and external capital controls, it is appropriate to take stock.... * The closure of Greek banks and the introduction of capital controls have contributed to the emergence

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  7. Greek stocks down 15.2 in first week of trading after market closure

    Economy

    controls was accompanied by a sell off exceeding 16 percent on the first trading session. The drop... of the negative impact of capital controls on the macro outlook as well as on companies’ fundamentals... the imposition of capital controls the average daily activity exceeded the 100-million-euro mark

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  8. Rebound of 9.38 pct on Tuesday almost erases Monday's Greek stock losses

    Economy

    this week, while the drop since the end of June, when capital controls were imposed, stands at 22 percent... of 1.8 percent, whilst the cumulative losses in the post-controls period remain huge above 68... restrictions on domestic investors due to the capital controls are still taking their toll Bonds

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  9. Car registration growth slows to 6.7 pct in September

    Economy

    before the imposition of capital controls in late June exceeded the 10,000-mark. The aggregate... of 23.9 percent was recorded largely due to the capital controls. Nevertheless, the positive trend... and increased interest from customers amid fears for Grexit or imposition of capital controls and deposit

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  10. PMI continued improving in Oct but survey data points to economic struggle ahead

    EconomyMacroeconomy

    unabated since January and the recent data reflects the negative impact from capital controls... related to capital controls and payment difficulties. However, the recorded decrease in volumes... lengthened in October largely attributed to capital controls and lack of raw materials at vendors

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