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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomycontrols. The bank notes that the contraction of credit to nonfinancial entities appears to be bottoming... to small- and medium-sized enterprises (SMEs, 60.7). Capital controls remain a problem although measures have been taken to relax them. The continuation of measures to lift capital controls along
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Debt relief or debt restructuring for Greece?
Agoraresult was the implosion of the banking sector and the first-time introduction of capital controls for a member of the euro area. These controls have now been in place for nine months and show no signs
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A macroeconomic assessment of the Cypriot economy after the haircut
Agoraforeign depositors and the foreign business sector (also by opening up capital controls for foreigners... of liquidity in an economy with limited money supply growth and in the presence of capital controls
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Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsit leading to a default or the imposition of capital controls. Dragasakis was visibly upset by Dijsselbloem’s suggestion this week that Greece may soon have to impose capital controls, as Cyprus did
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Where has the money withdrawn from Greek banks gone?
Agoraboxes amid increased fears about the imposition of capital controls or the collapse of talks between... if an agreement with official creditors is clinched soon, which would also banish fears of capital controls
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Alexis's choice
Agorato live with the consequences of capital controls for some time to come (Cyprus needed two years before... capital controls would be the equivalent of trying to drive a three-wheeled car uphill
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Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek Politicsto growing uncertainty and speculation about capital controls, the prospect of a deal not being approved... has so far denied any plans to impose capital controls and the Bank of Greece did not ask this week
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The political scenarios ahead for Greece after the referendum
PoliticsGreek Politicsare closed from Monday, with capital controls being imposed, and that this may put extra pressure... and with banks operating under capital controls, the government’s room for manoeuvre from Monday
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S&P lowers Greek long-term rating by one notch to CCC-
Economyrating action) of Greek banks’ liquidity, which led to the imposition of capital controls. That said... creditor. According to S&P, an extended bank holiday involving capital controls will further weigh
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Moody's downgrades Greece's rating by one notch to Caa3
Economywill remain high. The imposition of capital controls will further undermine growth and Moody’s..., Moody’s expects Greek banks will remain closed for a longer period with tighter capital controls.
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