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  1. Government touts stricter migration controls in bid to win back right-wing support
    Photo via @YlvaJohansson

    PoliticsGreek Politics

    The New Democracy government is promising a crackdown on illegal migration and a new framework for legal routes into the country as part of an effort to restart the agenda in response to falling ratings and a rise in the popularity of far-right parties....

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  2. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    ’ liquidity, asset quality and capital base, while also showing why capital controls must be avoided... Grexit or the imposition of capital controls if the government does not clinch an agreement..., particularly if the NPL formation deteriorates for a prolonged period. Capital controls Amid extended

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  3. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    The imposition of capital controls accompanied by a bank holiday for 6 working days starting from... controls’ legislative decree, the daily withdrawal limit from the ATMs was set at 60 euros per card..., citing funding issues that arose due to the capital controls. This is mainly attributed to revenues

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  4. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    ) has shown. The study, titled “Digital payments after capital controls: Support measures and tax revenues” looked at electronic modes of payments (EMP) which increased after capital controls, and how they could be further boosted. It tracks the imposition of capital controls, along with their gradual

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  5. Athens moves to avoid repeat of EU division over migration policy
    Photo by Richard Leonard via Flickr https://flic.kr/p/5iRa7

    PoliticsForeign Policy

    Last week’s decision by the SPD-led coalition government in Berlin to impose temporary controls... decision to reintroduce border controls. Mitsotakis stressed the importance of supporting the most... Germany reintroduced border controls for the first time to stop the flow of refugees on the Balkan

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  6. Newsletter 119 - 19/05/2017

    Newsletters

    of the midnight vote, that capital controls could be lifted by the end of the year. The Greek government published a blueprint for the scrapping of capital controls this week, which was one of the prior actions... Ministry publishes roadmap to relax capital controls GDP growth for 2017 was downwardly revised

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  7. Mandatory e-payments come into force as Greece seeks to boost card use further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    with most customers preferring cash. The advent of capital controls two years ago began to change... in ample will avoid the fine. Capital controls Greece has long been a nation of cash lovers, much... rise in card payment came about as a direct consequence of the capital controls enforced in 2015

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  8. Newsletter 175 -21/09/2018

    Newsletters

    leading role in NPL issue Effect of capital controls on card payments illustrated in ECB report... led to a jump in NPLs, the capital controls imposed in 2015 had a side effect of a jump in card... notable growth in recent years. The data showed that in the year that capital controls were introduced

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  9. PMI rebounded in September, but survey data still point to a downturn on lack of new orders

    EconomyMacroeconomy

    in June. This is largely attributed to the imposition of capital controls at the end of June coupled... with pre-production inventories dropping at a sharp pace amid lack of new orders and capital controls... for the tenth consecutive month, with September’s performance attributed to capital controls

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  10. 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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